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Executive compensation is one debatable issue that is no stranger to the media. Some people agree with CEO’s receiving millions of dollars for their work and others disagree saying it’s not justifiable that one person receive millions of dollars as a salary. Here, we contend that the million-dollar salary and other benefits such as bonuses and stock options warrant executive compensation, as long as the way the CEO attains the salary is by no means illegal or unethical. This means no foul play, no “cooking the books”, no discrimination, no displacement of workers, etc. exists. We also contend that executive compensation is warranted if others benefit from this compensation...
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