Managerial Economics & Organizational Architecture 5th Edition by James Brickley, Jerold Zimmerman, Clifford Smith

تمرين 25

President Clinton proposed eliminating the tax deduction for all compensation over $1 million for CEOs unless the pay is tied to company performance. Proponents argue that this proposal will benefit shareholders. "Everyone knows that CEOs are overpaid and that their pay is not appropriately tied to performance. This legislation helps solve both problems." Present an argument against this proposal.