Issue of executive pay in top american corporations

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Many news stories and columns raise the issue of executive pay in top American corporations.

(a) If the company is publicly traded, shouldn't the stockholders have the final say over compensation for executives and, if so, why is executive pay the business of anyone other than the owners of the company (the stockholders)?

(b) Is there an appropriate level of executive pay relative to the pay for other employees and, if so, what is the level and how should it be enforced?

(c) Do you really think high pay for top level executives is a problem or is it just something that people can use to stir up resentment and score political points?

Reference no: EM132233174

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