TITLE

The Causes and Consequences of the Global Inflation of CEO Salaries

AUTHOR(S)
Lansing, Paul; Knoedgen, Sascha
PUB. DATE
March 2007
SOURCE
International Journal of Management;Mar2007, Vol. 24 Issue 1, p70
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Since the 1980's, CEO salaries have increased to ‘stratospheric’ heights. While the job has become more complex, the rise of stock options and friendly board of directors has fueled this rise in CEO salaries. Globalization of business has now made this a worldwide phenomenon. The question raised is whether CEO's are worth their inflated salaries and if not, are there alternatives to the constant escalation of these salaries.
ACCESSION #
25139347

 

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