Caps on CEO compensation- Compensation Abuse Act
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Congressman Barney Frank introduced H.R. 42918, "The Protection Against Executive Compensation Abuse Act".
Should there be legislation that goes another step beyond what Congressman Frank has introduced and caps CEO compensation so that it will be more in line with compensation levels throughout the organization?
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This is really hard to say. On one hand it sounds like a good idea because it would mean that everyone in the organization would be compensated in line with what the organization could afford or hopefully afford for everyone. However, sometimes an organization needs someone to turn things ...
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