Less than half of Americans favor federal government imposition to limit executive compensation according to a recently released Gallup Poll survey - 47 percent -- down 12 percent from 2009 which was the height of the financial crisis and subsequent economic recession. Additionally, the number of Americans which actively oppose federal government limitations on CEO pay is up 13% during the period from 35% in 2009 to 48% in 2018.
The polling data demonstrates American attitudes towards CEO compensation are tied to economic conditions and are supportive of pay-for-performance. In 2009, companies and the economy were performing very poorly and the sentiment among the public was that executive compensation should be reflective of the economic conditions and thus government intervention to control compensation was favorable. Today, given the positive economic climate, the view is that company performance is up so compensation is less of a concern.