Jesse Fried Explains Rationale for CEOs’ Lower Pay in Japan

The Wall Street Journal, Nov. 28, 2008 by Yuka Hayashi and Phred Dvorak
http://online.wsj.com/article/SB122782362228562381.html#printMode

The big pay packages of American CEOs are less socially acceptable in many other countries including Japan, says Jesse Fried, a University of California, Berkeley law professor who co-authored a book on executive compensation in 2004.