Even the Swiss Look at Limiting CEO Pay

Limits on what senior executives can earn? A legally enforceable division of income? Laws that make company boards account for what they pay themselves? It might sound like the manifesto of one of the Occupy Wall Street groups. And yet very soon, it might well be a description of Switzerland. A country best known for its tax exiles, and its secretive private banks, could this weekend take the first concrete step toward reversing the explosion in executive pay witnessed over the last decade.

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