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As financial hardship hits us all in the wake of COVID-19, affluent executives of top companies have announced relinquishment of their 2020 salaries. While appearing to be to sharing the financial suffering with their lower employees, Lauren Sullivan dives into the question of how much these executives are really “sacrificing.”
Executives, COVID-19, salary, stock options, breach of fiduciary duty, business judgement rule, ratification defense, excessive
Sullivan, Lauren, "Top Executives Forgoing Their Salaries in the Face Of COVID-19: A Benevolent Act or Deceitful Trick?" (2020). SLU Law Journal Online. 50.