CEO Compensation

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Issue:

Business

 

Written by:

Violet S

 

Date added:

December 6, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 866

 

Was viewed:

3752 times

 

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Essay content:

A new paper cited by the Economist (2005) reported that in 1997, the average American chief executive of the top firms in the United States took home ?2.68m, while a typical counterpart in a British company earned ?955,000. By 2003, the figure in Britain had risen 77% to ?1.69m and that in the US to ?2...
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But take into consideration the relatively small scale of the British with mean (median) 1997 market capitalization of ?2.2b (?420m) compared to ?3.4b (?760m) in the Unite States (Conyon & Murphy, 2000), the CEOs in the UK are also well-paid. In recent years, the trend has drawn attention from both academic researchers and the general public, illustrated by the rapid growth of literature and critiques on the topic...
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