Problem
Corporate title inflation
Other Names:
Top-heavy management Incidence:
One US company had 7,400 employees in 1993, of whom 940 were vice-presidents and 210 managing directors. Broader Problems:
Accumulation of titlesInadequate corporate governance Aggravates:
Over-specialized supervisory personnelAbdication of control by company directorsExcessive salaries of corporate executives Subject(s):
Commerce → Business enterprisesManagement → Management
Economics → Economics
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
01.01.2000 – 00:00 CET