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Thursday 28 February 2013

Limits On Executive Pay

When the Federal Government bailed out several financially disturb companies in 2009 it caused limits to be put on CEOs and top executives pay. I dis represent that| |
| |there should be limits on pay and those that agree that there should be limits must take into consideration the inequitable practice of the rule, the costless market system | |
| |being affected, and who pop off behind really be stuck paying the bill. [This sentence needs a comma before the coordinating conjunction, “and” that joins two complete | |
| |clauses.] | |
| | To begin, constrictive CEO and top executive pay will non apply to all of the companies that authorized the bailout money. One article revealed that 722 companies | |
| |actually received bailout money, but the CEOs and top executives of only seven companies that received the most money are being affected by the rule. Furthermore, | |
| |there will be healthier companies that decide to endure assistance who can then have this rule waived with skillful public disclosure and a nonbinding shareholder vote | |
| |(Feller, 2009). [Therefore, what? What crystalize of closing sentence could you write here to synthesize this information?

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] | |
| | Another reason not to limit pay is that free market systems can be affected as a result of the rule. As an illustration, top executives may want to leave from such | |
| |companies that limit pay and move to other companies in industries where the government is not limiting their salaries. These may be the aforesaid(prenominal) individuals that a firm | |
| |needs to turn the business around. [This is a good point, Arlissa. Nice work!] | |
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