"The institutions who invest in them get taken out for drinks...

"The institutions who invest in them get taken out for drinks and dinners..its a big boys club and our vote is worth nothing"

You mean the likes of AustralianSuper and other Australian industry superfunds, as well as global fund managers- such as BlackRock, Templeton, Fidelity, Putnam, Capital,etc - which having a fiduciary duty over their clients' funds... these instos are all in cahoots with company directors, whereby they collude to maximise the remuneration of those directors?


If you believe the BS good for you...if we chopped all their wages in half do you honestly think they would be any less productive going from 10 mill to 5 mill"

It's not my BS. It's what happens in the real world: if shareholders feel that by paying Person A $10m, instead of Person B $5m, when they believe that Person A will create more wealth for the company than the additional $5 m they are coughing up then that is perfectly rational economic thinking.

If, in a commercial transaction, you believe you will get more back than you have to outlay up front. would you decline to participate in that transaction?


"At what point would you say enough is enough or for you there isnt one, things dont need to be regulated markets will do that for you, you really believe that?"

Are you saying that CEO pay should be regulated? In other words, shareholders will not be permitted to pay their executives more, even if they believe they are worth more?

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