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

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Critics have charged that compensation to top managers in the United States is too high and should be cut back. For example, focusing on large corporations, Dara Khosrowshahi (now at Uber, formerly of Expedia) has been one of the best-compensated CEOs in the United States, earning about $95 million in 2016. Are such amounts excessive? In answering, it might be helpful to recognize that superstar athletes such as Cristiano Ronaldo, top earners in the entertainment field such as James Cameron 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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Corporate Finance

ISBN: 978-1259918940

12th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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