ETHICS IN FINANCIAL RESPONSIBILITIES.Ethics in financial responsibilitiesStudent's NameInstitution1ETHICS IN FINANCIAL RESPONSIBILITIES.2Executive compensation has risen over time with the ratio of CEO to other staff rising to morethan hundred per cent. There is dis-connecting between shareholders and top manager scompensation, (Schwartz, 2015). Some of the executive are compensating themselves to anextent that even the organization is not able to sustain. Organizations have operations goals andone of the most used strategies by the owners and management of these organizations is tocompensate best performing staff. When this staffs are compensated it acts as an incentive for theother staff to work harder so that they may also be compensated in return. These compensationsare in form of salary, stock options, severance packages or even bonuses. It is a strategy that hasworked in many organizations but the opinion in the regard of monetary compensation may notbe ethical. As an organization, most of the time the performance or attainment of its mission andvision is not pegged on an individual but on what all the staff commits as a team. The chiefexecutive off ...
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