9.Executive Compensation Critics have charged that compensation to top managers in the United States is too...

60.1K

Verified Solution

Question

Finance

9.Executive Compensation Critics have chargedthat compensation to top managers in the United States is too highand should be cut back. For example, focusing on largecorporations, Dara Khosrowshahi (now at Uber, formerly of Expedia)has been one of the best-compensated CEOs in the United States,earning about $95 million in 2016. Are such amounts excessive? Inanswering, it might be helpful to recognize that superstar athletessuch as Cristiano Ronaldo, top earners in the entertainment fieldsuch as James Cameron and Oprah Winfrey, and many others at the topof their respective fields earn at least as much, if not a greatdeal more

Answer & Explanation Solved by verified expert

4.4 Ratings (838 Votes)

In terms of executive compensation I certainly think that some of the top executives are being paid an obscene amount of money and that is actually causing disharmony in the organizations and society as a whole For example See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member