TITLE

THE SELLING OF AMERICA AND YOUR NEW SALARY

PUB. DATE
November 1988
SOURCE
Financial Executive;Nov/Dec88, Vol. 4 Issue 6, p9
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on changes in executive compensation packages in the wake of mergers and acquisitions of U.S. companies by foreign-owned businesses. It states that foreign companies are capitalizing on favorable relationships between the value of the U.S. dollar compared to that of their currency by acquiring an increasing number of U.S. companies. It comments on differences in payment schemes of executives in the U.S. and in other countries and explains that executives in foreign countries pay executives with little regard to the business's sales figures, unlike in the United States. It mentions that European companies often have non-monetary benefits for high-level executives including fancy company cars.
ACCESSION #
14813028

 

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