While the focus on stakeholders may be a bottom-up movement, the control in corporations is still exercised top-down: The money’s at the top, the pain at the bottom. CEOs today are making well over 400 times the average worker’s salary. If there was any group in the country looking out for the mid-range executive–which there isn’t–they’d have some wicked things to say about the gap between the mid-range executive praying that they won’t dump him and the crowd at the top who think they’re the second coming of Horatio Alger because they fired 30,000 people and got their stock up 20 points. As long as corporations are top-down mechanisms driven by the bottom line of their compensation packages and their institutional investors, it’s difficult for me to see what difference it makes if there’s spirituality or religion at the bottom half of the employee roster.
Source: Across the Board (ATB)
Subjects: Corporate Governance, Organizational Behavior
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