Poke Me: Time to Tweak Capitalism (Readers React)

This week's "Poke Me" invited your comments on "Time to Tweak Capitalism". Here are the selected opinions that were published in the ET print edition on Saturday.

Sanjay Tiwari
The growing chasm between the salary of top executives and employees in private companies is an emerging issue of corporate governance. Huge public money is involved through public shareholding and the performance of a company is not just a function of the top leadership but employees are also equal participants in its growth.

Dsy
It’s for the shareholders to decide how much pay their hired hands receive. There’s nothing capitalistic about management pay. If you don’t like it, sell the shares. It doesn’t cost anything to hold an opinion.

Siva Dattu
For an investor, it is a matter of fair and equitable justice. For an employee, it is the cognitive behaviour that gets affected in the end. When a developed country like the US is looking at raising household income to raise GDP, a developing country like India cannot ignore this.

Ashok Goswami
Obscene salaries drawn by many COOs dwarf even the PM’s salary. If the management thinks that only the COO drives the company and the rest are accompaniments, nothing can change. If the concept of joint management takes over, the gaping gap between one level and the next can be bridged.