Over the last 2 years we've been having a stock buyback craze, where corporations can issue unlimited amount of debt and use the proceeds to repurchase stock in an illiquid market pushing the stock to record highs.
Shaming CEOs into lowering their pay may work, but these same CEOs will only be rewarded more in options and stocks which do not have the SEC reporting treatment.
And this will only incentivice them to buy back even more stock, levering up companies even faster, transferring stakeholder value to shareholders while leaving bondholders footing the bill, and assuring of a promptly bankruptcy filing once interest rates rise.