Compensation for executives on publicly traded companies is published each and every year in the 10K. It's up to the INVESTOR to read and understand the 10K to KNOW what the company has been doing for the past year and where they PLAN on going for the future.
Companies have bylaws that they can enact and follow as they see fit. Just like they can manufacture and market as they see fit.
Investors can and will invest in companies they see making money and profits and increased shareholder value.
If you don't think that a CEO should be compensated for their work, don't invest in their companies. It's pretty simple.
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