Still, 74% think those CEOs are overpaid. “CEO compensation figures are much higher than the public is aware of,” says David F. Larcker, a Stanford GSB professor of accounting and the lead researcher on the study. “In many parts of the country, it is incomprehensible that anyone can earn this much money.”.
He found that if the CEO was overpaid, the executives under him tended to be overpaid, too — magnifying the cost to shareholders. For example, in a case where the CEO was overpaid by 64 percent compared to the norm (the maximum in O'Reilly's sample),executives one step below were overpaid by 26 percent.
Professional athletes, specifically in the NFL, NBA, and MLB, often are rewarded extremely substantial contracts and lucrative endorsement deals and it has been argued that their salaries should be reduced to smaller wages but they are paid in the way that they are for good reason; they provide the world with constant entertainment, work hard at their jobs and are only able to work for a small.
Salary of the CEO should be based on the profitability of the company. If the profit isn't there, then the next CEO will be on deck. The other side is CEO's are paid way too much. CEO of Cheniere Energy made in 2013, 142 million dollars, the average worker made about 35K. The CEO's salary is 4,039 times more than the average worker.
These essays are written in a very simple language and easy to understand by the children. You can choose any of the essay on myself according to your requirements and earn the appreciation in your class. My Self Essay 1 (100 words) Myself Rajani Tyagi, live in Ghaziabad in the New Panchwati colony. I read in the class 5 th in the section B. I read in the school New Era Ghaziabad.