The indecent pay of France's top executives


The latest annual report by investors’ advisory agency Proxinvest on the remunerations paid to the chief executives of France’s 120 most traded stock exchange companies reveals a staggering increase in payments in 2019. In this op-ed article, Mediapart economy and finance correspondent Laurent Mauduit details the figures and argues why they represent a serious injustice when millions of French households face an economic crisis that threatens to plunge them into poverty.  

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During the 1980s, French capitalism underwent a partial renewal. As a result of the effects of globalisation, it converted to the governance rules of countries in anglophone countries but did so in its own cherry-picking manner.