Suppose your firm decides to cap the ceos pay to 7 times, Financial Management

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Suppose your firm decides to cap the ceos pay to 7 times

Suppose your firm decides to cap the CEO's pay to 7 times that of the lowest paid worker. What are the pros and cons of doing this?

NEXT, suppose Congress legislates that all firms should do this. What about the pros and cons will change as a result?

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Financial Management: Suppose your firm decides to cap the ceos pay to 7 times

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