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Essay / Research Paper Abstract
This is a 5 page paper that provides an overview of the ethical concerns facing inflated CEO compensation packages. The paper gives statistics and examples of CEO compensation practices in struggling businesses and shows why they may be unethical and in need of revision. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: MH11_KWceoeth.rtf
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Unformatted sample text from the term paper:
listed below. Citation styles constantly change, and these examples may not contain the most recent updates. The Ethics
of CEO Salary Increases in Struggling Businesses Harold Pulley University Name The Ethics of CEO Salary Increases in Struggling Businesses , 9/2010 --for more information on using
this paper properly! One issue that has intrigued business ethicists for decades now is the question of whether or not CEOs are
too highly compensated, especially when the companies they run are struggling and, in some cases, even collapsing into bankruptcy. With studies showing CEO compensation packages increasing at exponential rates and
employee salaries not keeping pace, the question is now more relevant than ever. An expose by analysts Anderson, Collins, Pizzigati and Shih
(2010) suggests that much of the current attention being paid to the ethics of CEO compensation may have to do with the fact of the recent economic crisis facing much
of the world over the last several years, a crisis which they call the "worst... since the Great Depression". Despite what should amount to the widespread necessity of "cutting back",
the nations CEOs have done anything but. As of 2010, the average CEO salary, even considering inflation, is twice what it was throughout the 1990s, and as much as four
times the average CEO salary of the 1980s, a decade characterized by its excess and financial growth (Anderson et al., 2010). What may be even more infuriating, Anderson et
al. (2010) write is that CEOs seem to be profiting during these tough times directly at the expense of their own employees; their study reveals that among the top fifty
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