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I'd like some euros get help with your coursework In the immediate postwar era, corporate managers held a tight grip over their firms and their own careers. Then, in the 1970s and â?™80s, the capital markets began to assert themselves. Investors mounted, and won, hostile takeover bids against managers who were underperforming. Even CEOs who avoided that fate faced more assertive shareholders. Chief executives who were once kings now had bosses who could fire them. In 1982, the average CEO tenure was 9.7 years; by 2002, it had dropped to 6.8 years. But chief executives were amply compensated for their loss of autonomy; between 1978 and 2011, CEO compensation increased more than 725 percent. To understand how extraordinary that leap was, consider the fact that worker compensation grew by just 5.7 percent over those same three decades. highest amount win on a slot machine Mizruchi lauds those he sees as exceptional CEOs, like Starbucks chief Howard Schultz, for swimming against the self-interested tide with socially responsible practices. Yet, as an investigation by Reuters revealed, virtuous Starbucks so adroitly arbitraged the European tax system that over 14 years it paid less than £9 million in taxes in the UK. The point is not that Schultz is a hypocrite. It is that, in an age of global markets, global labor, and global capital, even the most socially minded CEO canâ?™t afford to indulge in the enlightened behavior of the greatest generation.
        
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