The General Perception of CEO Compensation Finance Essay
Its general perception that CEOs compensation is very high and in recent years significant attention has been given to rising pay level of chief executive officer. Lot of researches has been done to explore the determinants of executive compensation. In most of studies positive relation between pay and performance has been investigated. Shareholder desire maximization of their wealth and wish that the board of directors should design compensation system which motives senior executives to make policies that maximizes shareholders wealth. […]