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1 is there a level of just pay that is not entirely market

1. Is there a level of just pay that is not entirely market determined? Why or why not?

2. How does concern for the poor relate to structuring executive compensation? should concern for the poor be a relevant consideration when determining executive pay?

3. What do you think of Higginson and Clough's view of executive compensation? Is it realistic in today's competitive business environment?

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