(Answered) During the 2001-2002 period a firms ceos pay rose 25 while

Engineering

During the 2001-2002 period, a firm's CEO's pay rose 25% while over the same period his firm's ROA (return on assets = net income/total assets) fell by 10% and the firm's stock return fell by 15%. Discuss in detail two reasons why this might NOT be a case of CEO overpayment.

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