One of the hottest business issues today is the outrageously lavish pay of many chief executive officers

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One of the hottest business issues today is the outrageously lavish pay of many chief executive officers (CEOs) vis-à-vis corporate profits. In 1990, for example, the CEO of United Airlines got $18.3 million-1,200 times what a new flight attendant makes-even though United's profits had fallen by 71 percent that year. The ICC would like to regulate CEO pay. Does it have the authority to do so? Explain.
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The Legal Environment of Business A Critical Thinking Approach

ISBN: 978-0134074030

8th edition

Authors: Nancy K. Kubasek, Bartley A. Brennan, M. Neil Browne

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