Question: The High Pay Centre reported that FTSE100 chef executives were paid 117 times more than a typical workers average salary in 2019. This ratio increases

The High Pay Centre reported that FTSE100 chef executives were paid 117 times more than a typical workers average salary in 2019. This ratio increases further in the banking sector. Required Drawing from academic theory, critically appraise the theories and factors that have driven the growth in executive compensation in the banking and financial sector.

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