Assignment:
General Motors Corporation, in its 1994 Proxy Statement to shareholders, stated the following: “Compensation Deductibility Policy − . . . the Committee believes the regulation to be discriminatory toward the stockholders of publicly held corporations. . . .” Why might General Motors’ compensation committee hold this belief?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.