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Executive Compensation

Executive Compensation

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Title: Executive Compensation

Essay Details:

Subject: Business

Author: Irving C

Date: October 24, 2013

Level: University

Grade: A

Length: 10 / 2766

Essay text:

CEOs downsize companies or perform badly, yet continue to draw a substantial salary. Unlike low level managers, it seems there is no formula for executive compensation. The disparity between the executive pay in US and that of in other industrialized nations is great, furthering the belief that there is no rational (?) basis for compensation. Among sports and entertainment figures, there exists a feedback mechanism for pay ? bad performance leads to reduced earnings. Graef Crystal (c.f Boatright, 2007) argues that executives do not face pay discrimination because directors are bad negotiators [what is the linkage between the directors being poor negotiators and the CEOs not being paid what they are worth? Even if you are writing an abstract ? the sentences must convey some meaning...

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