Do director board appointments predict whether CEO pay is in line with company performance? Increasing pay differences between CEOs and the average working Australian have resulted in a less equitable and economically divided society. This issue has reached a critical point as taxpayer money is now needed to fund stimulus packages and finance companies facing insolvency while CEO pay on average has remained unchanged or increased. This inequity has the potential to cause social and political ins ....Do director board appointments predict whether CEO pay is in line with company performance? Increasing pay differences between CEOs and the average working Australian have resulted in a less equitable and economically divided society. This issue has reached a critical point as taxpayer money is now needed to fund stimulus packages and finance companies facing insolvency while CEO pay on average has remained unchanged or increased. This inequity has the potential to cause social and political instability. This research will provide much needed knowledge of how to address this issue including pay benchmarks, knowledge derived from international practice, corporate governance indices as well as understanding of how widespread pay norms have developed.Read moreRead less