Buy custom Executive Salaries and What it Means to the United States
Essay's paper info
Topic: |
Business
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Number of pages / Number of words: |
5 / 1151 |
Essay's paper body
At approximately two-thirds of US companies, the CEO sits as the board's chair. When one single person serves as both chair and CEO, it is impossible to objectively monitor and evaluate his or her own performance.
What can be done about this? The best thing that can happen to let shareholders know about CEO executive pay excesses is to let it come to light...
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Companies are required to file documents describing their executives' compensation with the U.S. Securities and Exchange Commission (SEC); these often are difficult for shareholders to understand. In recent CEO pay scandals, even boards of directors have claimed they were kept in the dark. As executive pay continues to spiral upward, the SEC is considering updating and improving its pay disclosure rules...
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