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Is Ceo Compensation Justified by Performance
Essay specific features
Written by:
Carole C
Date added:
September 11, 2012
Level:
University
Grade:
A
No of pages / words:
2 / 437
Was viewed:
5544 times
Rating of current essay:
Essay content:
In response to the criticism that rewarding CEOs for current stock performance focuses on short term profit rather than on the long term Murphy argues that current stock market performance is an appropriate measure of long term potential. Therefore current stock performance is an appropriate basis for CEO compensation...
displayed 300 characters
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Therefore current stock performance is an appropriate basis for CEO compensation. Murphy also argues that other incentives for the CEO have even closer ties to company performance than salary. For example, stock options restricted stock, and long term performance plans are determined directly by company performance...
displayed 300 characters
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