17% Favor Government Regulation of All Executive Pay
Monday, April 23, 2012
Shareholders last week rejected the compensation package proposed for top executives at Citigroup, the first action of its kind against those who run a major U.S. bank. Americans believe that executives at most major companies are paid too much, but few think the government should regulate CEO compensation. However, there is an exception; Nearly half support continued government regulation of executive compensation at companies that were bailed out. That’s true even if the company paid the money back.
A new Rasmussen Reports national telephone survey finds that 69% of American Adults believe, generally speaking, that the level of pay and bonuses for executives at most major companies in the United States is too high. Just five percent (5%) believe that compensation is too low, while 20% feel that it’s about right. (To see survey question wording, click here.)
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The national survey of 1,000 American Adults was conducted on April 19-20 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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