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Wrong. Board of directors, who are elected by company shareholders, can limit executive pay. They do this constantly. I'm assuming you're very new to this.
by krjeidj87 13y ago
Wrong. Board of directors, who are elected by company shareholders, can limit executive pay. They do this constantly. I'm assuming you're very new to this.
- mbreese 13y agoJust because they can doesn't mean that they do. Or that they are as effective at limiting pay as they were in the past.
- crystaln 13y agoYes they can. However it is far more profitable to increase the executive's pay so that it dwarfs their own obscene compensation. That is extremely common in public companies.