2007-03-18 16:07:54 · 4 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
But of course! They run the whole business. They coordinate all the moves of all actors / employees who make the business grow and subsist.
They are just like the conductors of orchestra, the center of all attention of the players to make good music.
2007-03-18 16:14:58 · answer #1 · answered by arienne321 4 · 0⤊ 0⤋
They should, but like the work of their employees, their pay should be commensurate with the results they produce. Execs who pull down multi-million comp packages while their company's financial performance is pitiful should be removed and replaced by the Board of Directors.
If you read any business journals you will note that there is a LOT of debate and discussion on this topic of late. The Enron and Worldcom scandals, combined with high-profile failure like the recent HP scandals, really have folks questioning what exactly the CEO does that justifies those pay packages?
2007-03-19 00:17:01 · answer #2 · answered by Mel 6 · 0⤊ 0⤋
There aren't very many unpaid positions to begin with and CEO isn't a likely candidate. The top management creates value for the company by increasing profits, stock prices, and market share. They deserve much of the credit and accordingly, much of the money the company earns.
2007-03-19 00:11:30 · answer #3 · answered by Rebbew 2 · 0⤊ 0⤋
Yes.
If being a CEO was an unpaid position, not too many people would want it.
2007-03-18 23:10:46 · answer #4 · answered by joe s 6 · 0⤊ 0⤋