Solved: Discrepancy between executive pay, Business Law and Ethics

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Discrepancy between executive pay

Problem:

American Capitalism: Is a large discrepancy between executive pay and that of the average worker unfair to the worker? Is it unfair to increase a CEO's compensation at the same time that he or she downsizes the workforce? What is an ethically justifiable way to determine the pay of a CEO of a large corporation? How do you explain that?

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Business Law and Ethics: Discrepancy between executive pay

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