Principles of Management
In 41 companies where the CEO had either no base salary or a salary of $1 for a the year and no cash bonus, 21 received some form of "all other compensation." In 18 instances of these "dollar CEOs" the individuals received a combined $6 billion in company stock alone. Answer the following questions:
1. What do you think of this?
2. What do such actions convey to employees?
3. To stockholders?
4. To the general public?