A ceo say her pay increase by 25 percent over the 2001-2002


A CEO say her pay increase by 25 percent over the 2001-2002 period even though her firm's ROA was reduced by 10 percent and the stock return fell by 15 percent. Given these facts, make a case for why the CEO may NOT be overpaid this period.

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Financial Management: A ceo say her pay increase by 25 percent over the 2001-2002
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