CEO 's compensation is ethical
Xu Yang
Professor Rouzbeh Vatanchi
HRM801
10 October 2016
Sherry2
Jack Welch, the pervious chairman and CEO of General Electric, says that “If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them" . Indeed, the compensation plan of CEO Significantly influences the competitiveness and …show more content…
From the late 1950s, long-term remuneration and the gradual increase in the share of stock options; 80 years after the executive pay and the stock market is widely related; from the early 90s stock options, long-term pay began to replace wages and bonuses become the largest part of the pay ; In 2000 about the proportion of stock options peak; 2005 long-term remuneration accounted for 35%. In addition, from the 50s of last century, the tax rate of cash income increased significantly, while the long-term remuneration and stock options as capital income tax rate is very low, the tax policy on long-term remuneration and the use of stock options play a significant role. there has been a worldwide controversy about euthanasia. Some opponents of euthanasia disagree with this kind of suicide while some theories illustrate that euthanasia is a reasonable method of suicide. Euthanasia should be legalized and the following are three advantages of euthanasia: respecting individual aspirations, improving life quality and reflecting modern …show more content…
so the protest against executive pay is very Harmful ... ... If the relationship between pay and performance is very strong, is not it should be paid to executives with high salaries? The answer is yes. Jensen & Murphy (1990) makes it clear that executives have a large stock of companies. Most of the subsequent statements that supported the high pay of corporate executives were largely on top of this framework. During the discussion of executive pay during the 1990s, most of the academic research that the total amount of compensation and pay structure to better coordinate the principal - agent conflicts of interest, and promote the performance of the