Moreover, the ratio has been expanding rapidly. In 1980, the ratio was about 42-to-1. Even that was way out of line with the 20-to-1 that the great management guru, Peter Drucker, thought was appropriate. That's "the limit beyond which they cannot go if they don't want resentment and falling morale to hit their companies," Drucker wrote, according to a comment on the CEO pay rule submitted to the SEC by the Drucker Institute at Claremont Graduate University.

Source: Los Angeles Times February 20, 2018 17:58 UTC