Difference between the ceo and the average worker

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Do you think we would get a more equitable executive pay system if everything got taxed? There are problems with executive pay structures in that a) the difference between the CEO and the average worker seems excessive and b) what CEOs are compensated for tends to undercut their ethical performance. Particularly disturbing to a lot of people are their "golden parachute" severance packages, which allow them to leave the company with a lot of money even if their decisions ran the company into the ground and caused a bankruptcy. Or their unethical practices work in the short run, so they get compensated for that, but when the bad effects of their conduct hits the company, they are out of there with their stock options and severance money (they probably sold their stocks short).

Reference no: EM133187659

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