Are CEOs entitled to increases in compensation when their company’s financial situation worsens, because their job becomes more challenging?
Chapter 6: Ethical Dilemma: Are top executives paid too much? A study of CEO compensation revealed that CEO bonuses rose considerably—from 20 percent to 30 percent—even at companies whose revenues or profits dropped or those that reported significant employee layoffs. Such high pay for CEOs at underperforming companies, as well as CEO compensation at companies […]