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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 CEOs 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 CEOs does not represent the work that is being done. This was seen in the economic collapse because CEOs 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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- Spring '08