Matt Hopkins


Matt Hopkins, PhD candidate at SOAS University of London, is also a senior researcher for the Academic-Industry Research Network, a 501(c)(3) non-profit research organization based in Cambridge, Massachusetts. His PhD thesis is titled “Strategic Control and the Role of Executive Compensation in the Innovation or Financialization of Firms”. His research interests include the innovation process, executive compensation, the finance of innovation, government-business collaboration, and the global dynamics of industrial development. He has participated in a number of research projects supported by the Institute for New Economic thinking.

Matt holds a Master’s degree from the former Department of Regional Economic and Social Development at UMass Lowell, and was named the department’s graduate student of the year in 2010. He also holds a Bachelor’s degree with a double major in Economics and English from the University of Southern Maine.

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A Public Comment on the SEC Pay Ratio Disclosure Rule

Article | Mar 29, 2017

In this comment, we explain our objections to the SEC’s current formulation of the Pay Ratio Disclosure Rule on each of three grounds: the erroneous estimation of CEO pay; the unclear specification of the “median” worker; and the risk of normalizing a pay ratio that is far too high. Then we present the latest data on the remuneration of the 500 highest-paid CEOs in the United States, demonstrating the way in which the SEC’s measure of CEO pay that enters into the CEO-to-median-worker pay ratio tends to systematically underestimate actual executive pay.

If CEO Pay Was Measured Properly, It Would Look Even More Outrageous

Article | Dec 22, 2016

Research funded by the Institute for New Economic Thinking has revealed that the SEC reports executive compensation using a formula that routinely undercounts it

The Mismeasure of Mammon: Uses and Abuses of Executive Pay Data

Paper Working Paper Series | | Aug 2016

Report to the Institute for New Economic Thinking on the statistical measurement and policy implications of the compensation of the highest- paid U.S. corporate executives

What we learn about inequality from Carl Icahn’s $2 billion Apple “no brainer”

Article | Jun 6, 2016

The company’s focus on stock buybacks to increase shareholder value is a reminder of why so much of the value created daily by millions of workers ends up in the hands of the billionaires

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