Are corporate executives compensated excessively? Why or why not?
The corporate executives are compensated excessively. It is documented that for last ten years, corporate executives were compensated three times more than the usual worker. The report reveals that a US Chief executive office earns 365 times more than what a normal employee earns a day, they are rated the leading earners in the whole world. For instance, in 1974, it was estimated an American CEO earned over 30times than a factory worker. Statistically, the rate of pay of the CEO gradually increased from 120 times in 1990 to 431 times in 2004. The reason behind these was due to corporate revenue increment ...
