The shareholders do not all agree. Some of us want to see wage gaps narrowed. Some of us have been looking at how companies impact all stakeholders, including the local community. Sustainability is no longer a strange word.
The average employee makes decisions all the time.
And yes, the companies are prosperous. A few benefit. Society at large not so much. The US is behind by many measures.
Shareholders do not expect companies to be perfect. One of the reasons to be part owner is to push for improvements and to have influence.
You are wrong about detriments to society, and a simple search would have saved you. Just as one example, large income gaps are highly correlated with higher crime rates [1]. This has been shown in many studies, and across cultures. There are other negative effects as well, including both the rich and the poor being less happy. I suggest you do the work of trying to prove yourself wrong and you'll find even more.
Source? Because each CEO affects many people. So it sounds like you just made that up. Meanwhile, I provided a source that shows higher crime rates when there are higher wage gaps. Where are those wage gaps coming from? Please provide sources, not your own reasoning.
You made the claim that "there aren't enough CEOs to make any sort of difference" so the burden of proof is on you to back up that claim. Lacking any evidence to back up your claim, the convo can end here or you can have the last word as you wish.
The SF law like most of these laws includes all forms of compensation, not just salary. Bezos total compensation over the years including bonuses and stock options is indeed responsible for the huge wage gap of almost a million Amazon employees, along with the other people Bezos encounters in his life.
And he is just one CEO. Pretty easy to see where this would lead. CEOs are indeed responsible for many of the daily wage gaps most workers experience.
The average employee makes decisions all the time.
And yes, the companies are prosperous. A few benefit. Society at large not so much. The US is behind by many measures.