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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (68033)9/22/1999 12:58:00 PM
From: Don Lloyd  Read Replies (1) | Respond to of 132070
 
Ben -

Your description of the environment rings true for many companies. In this environment, it is a given that the CEO compensation will be high by any reasonable standard. The extra delta needed to hire a first choice will still not normally be of long term significance to the company and will not be all that rewarding to the CEO either, as he faces both the diminishing subjective marginal utility of increased compensation and marginal tax rates above 50%.

Regards, Don