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put in text referencing, No AI or plagiarism please
use cardiff harvard referenc
put in text referencing, No AI or plagiarism please
use cardiff harvard referencing(document explaining attatched)
please use relevant readings on attached lecture slides as well as others
please refer back to the quote for maximum marks
have 10+ references from good sources
This is the assignment brief:
In a recent paper published in the Journal of Financial Economics, the authors, Edmans et al.(2023, p.1) state:
◦ “Pay is critical for attracting, retaining, and motivating a CEO, and affects the wider company beyond the CEO – high pay may demotivate employees or damage a company’s customer reputation. Even more broadly, CEO pay across the economy influences the public’s perception of capitalism. As a consequence, CEO pay receives more attention than nearlyevery other routine corporate decision.”◦
Discuss the problems and controversies associated with setting ‘fair’ pay for CEOs, with reference to UK corporate governance Codes of Best Practice, relevant practitioner reports and academic research into this topic. Provide your own viewpoint on executive pay, supporting your arguments with relevant evidence and literature
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