The first has to do with the very high levels of compensation often seen at large, and especially American, corporations. (conciseencyclopedia.org)
Those who defend very high levels of compensation point out that the value of stocks and options depends on how successful the company is, which means that money gained that way rewards CEOs for helping make the company stronger. (conciseencyclopedia.org)
Both of those factors may leave Board members feeling overly sympathetic and likely to set higher levels of compensation than are warranted. (conciseencyclopedia.org)