Should CEOs Set Their Own Salaries?
The editorial says "for business, social, and moral reasons CEOs should voluntarily moderate their compensation." No one voluntarily gives up money or power; that's a lesson from history and why democratic governments have to have a check and balance system.Skip to next paragraph
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Business groups are always complaining about environmental restrictions and other limits imposed on them, but in many ways it's their own fault. How can stockholders control an out-of-line executive as long as the profits roll in?
As for morality, how about executives who lay off thousands and then vote themselves raises? That's not immoral - it's amoral. Boyd Collins, Arcadia, Calif.
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