Shareholder opposition to executive pay eases globally

Shareholder rebellions over executive pay eased across many of the world’s biggest stock markets this year, with opposition falling in Europe, the United States and Japan despite a handful of high-profile revolts.

The move comes as pay and perks continue to dwarf the average worker’s wage, with average CEO pay at S&P 500 companies hitting a record high even excluding a bumper pay plan for Elon Musk, the billionaire owner of SpaceX. READ MORE