Unformatted text preview: that the CEO has and they appear to do better because there is more incentive. -The excessive pay is seen as a unethical and corrupted behavior because the CEO’s are seen to be focusing more on the greed for the money and take larger risks instead of focusing on the health of the company and the various stakeholders. -The pay of some CEO’s does not represent the work that is being done. This was seen in the economic collapse because CEO’s were offered very high compensation packages also known as a golden parachute for the terrible job they had done in running the company. They had run the companies into the ground but still received large amounts of money to leave their role as CEO....
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This note was uploaded on 09/20/2011 for the course BUS 101 taught by Professor Rollins during the Spring '08 term at Miami University.
- Spring '08