Voters in Switzerland are delivering their verdict on a proposal to limit the pay of managers.
Sunday's referendum comes after anger at perceived corporate greed by voting to boost shareholders' say on executive pay and ban bonuses.
The young socialist backers of the new "1:12 initiative" say that imposing a legal limit on salaries would ensure fairer pay.
http://www.businessweek.com/ap/2013-11-24/swiss-vote-on-proposed-pay-cap
Sunday's referendum comes after anger at perceived corporate greed by voting to boost shareholders' say on executive pay and ban bonuses.
The young socialist backers of the new "1:12 initiative" say that imposing a legal limit on salaries would ensure fairer pay.
http://www.businessweek.com/ap/2013-11-24/swiss-vote-on-proposed-pay-cap