Kids of the top 1 percent work for dad's company: Miles Corak on inequality in governance.

Rich Canadian Kids Work For Daddy

Rich Canadian Kids Work For Daddy

Moneybox
A blog about business and economics.
Feb. 13 2013 12:17 PM

Canadian Corporate Governance Fact of the Day

Here's an amazing fact from Miles Corak's contribution to an Economist symposium on social mobility: "In Canada almost 7 out of 10 sons born to a father in the top 1% of the earnings distribution had a job with the very same employer as their fathers, much higher than the overall rate for young men."

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