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How Is Executive Pay Typically Determined? Why Are Boards of Directors

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Essay

How is executive pay typically determined? Why are boards of directors tightening down on executive pay in recent years?


Definitions:

Optional

A choice or possibility among multiple alternatives that is not mandatory.

Cost-Saving

Cost-saving refers to measures or actions taken to reduce expenses and increase efficiency, thereby saving money.

Alternative Dispute Resolution

A range of dispute resolution methods outside of the judicial process, including mediation and arbitration, aimed at resolving conflicts without going to court.

Optional

Something that is not mandatory and can be chosen according to preference.

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