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Topic: |
Business
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Number of pages / Number of words: |
7 / 1736 |
Essay's paper body
However, a conflict of interest may arise as the Board of Directors (comprised of executives from other companies or friends of the CEO) has influence over the CEO's pay structure. In order to remain objective and bias-free, corporations must begin to hire third party agencies to help determine reasonable executive salaries...
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However, as many widely publicized corporate scandals have proven, this is not always the case. Because of the "bad apples" in corporate leadership, there has been a shift in trends; companies are moving away from an emphasis on stock options to compensation that connects with the long-term growth of the company...
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