In this era of government bailouts, the intensity of executive pay scrutiny has escalated, as have the criticisms that executive pay is excessive. The chapter section “Executive Compensation: Ethics and Accountability” presents many factors related to this issue.
Can there be any justification for a CEO being paid 100 million dollars for a given year when his or her company lost 50 million? Under what circumstances could that CEO actually be underpaid?
Here are supplemental resources to enhance the discussion:
- Locate the latest executive pay data at www.forbes.com by keying in the search phrase “CEO compensation” where you will find slideshows, charts, and videos that can spark discussion.
- Register free at www.cfo.com and conduct a search on executive compensation legislation to get an update on what the textbook reports on that issue.
- Check out the AFL-CIO’s extensive “Executive PayWatch Database.”