Sam Bowman defends CEO pay on BBC 5 Live

Executive Director of the ASI, Sam Bowman, was on BBC 5 Live discussing CEO pay and why they are worth their wages:

One way of checking if salaries are over the top is looking at firm value when they take on a new CEO thats perceived to be good, and if the new CEO comes on and they're paid £5m a year, but the firm value goes up by £50m, then I think thats a sign that the firm has done a really good job, and the new CEO is actually being paid less than they're worth.

Listen to the full interview here (Starts 01:52:35)