Moriarty rejects the Desert view in favor of current levels of CEO because he believes that the ability of CEO's to affect company performance is largely constrained by forces outside of their control.

Question

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Moriarty believes that the Desert view, which suggests that high CEO pay is justified by their exceptional contributions to company success, is flawed because CEO's ability to influence company performance is limited by external factors. Therefore, he rejects this view and supports current levels of CEO pay.

Moriarty Rejects the Desert View in Favor of Current Levels