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Originally Posted by aceventura3
Google just announced earnings, which grew about 70%. The company has a market cap of over $150 billion, it did not exist 10 years ago. They generate a 20% return on equity. In your view, what should the executives be paid? Who other than the shareholders (the owners of the company) should determine the pay of the executives? If you don't own Google shares why would you care what Google pays its executives as long as they pay taxes?
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I would think that most people do own shares of large corporations via their mutual funds, RRSP/IRA, and regular trading activities, etc - thus we all do have a stake in how executives are compensated.
Personally, I think if a company performs there is no reason an executive should not be well compensated. However, like most people, I don't think executives who receive whopping big salaries while presiding over poorly performing companies should be well paid while their companies suffer due to the executive's inadequacies.