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Are local CEOs paid too much?

Roger Showley, SAN DIEGO UNION-TRIBUNE

Friday, July 17, 2015

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Kelly Cunningham, National University System
Answer: NO

It is difficult to determine private sector business practices without examining the financial risks and profitability sustained by each company. Executives usually have an enormous role in a company’s success or failure. Company net worth as the basis for executive pay may be well worth the compensation. Successful executives serve customers by providing desired goods and services as determined through the free market system. Private enterprise and competitive capitalism rewards both profitability and imposes balance.