Critics have charged that compensation to top managers in the United States is simply too high and

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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, Mark Parker, CEO of Nike, earned about $47.6 million in 2016. Are such amounts excessive? In answering, it might be helpful to recognize that superstar athletes such as LeBron James, top entertainers such as Taylor Swift and Dwayne Johnson, 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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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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