http://finsec.wordpress.com/2010/11/22/5-59-million-westpac-ceo-salary-package-unethical/
In this article it brings light on other issues around the world happening relating to CEO's acting unethically. The article comes from New Zealand where the CEO of a company received a salary package of $5.59 million, which was the largest in New Zealand corporate history. This package has been described as unethical because the economy is struggling and average workers have had zero or limited growth in their own salaries.
This topic has raised concern in New Zealand for the need for executive salary controls. This article interested me because of the global aspect of it. It shows that CEO's all over the world are acting unethically and the talk of regulations is becoming more and more popular.
Does anyone have an opinion on regulations for CEO salaries? Should they exist?
-Kyle Turner