ISBN: | 978-5-5110-2868-2 |
High Quality Content by WIKIPEDIA articles! Executive pay is financial compensation received by an officer of a firm, often as a mixture of salary, bonuses, shares of and/or call options on the company stock, etc. Over the past three decades, executive pay has risen dramatically beyond the rising levels of an average worker`s wage. Executive pay is an important part of corporate governance, and is often determined by a company`s board of directors.