Question: Critics have charged that compensation to top managers in the
Critics have charged that compensation to top managers in the United States is simply too high and should be cut back. For example, focusing on large corporations, David Novak of fast food operator Yum! Brands has been one of the best-compensated CEOs in the United States, earning about $29.67 million in 2010 alone and $199.88 million over the 2006–2010 period. Are such amounts excessive? In answering, it might be helpful to recognize that superstar athletes such as LeBron James, top entertainers such as Tom Hanks and Oprah Winfrey, and many others at the top of their respective fields earn at least as much, if not a great deal more.
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