Critics have charged that compensation to top management in the United States is too high and should be cut back. For example, focusing on large corporations, in 2017, First Data CEO Frank Bisignano made about $102 million and Live Nation CEO Michael Rapino made about $71 million. Are such amounts excessive? In answering, it might be helpful to recognize that superstar athletes such as LeBron James, top entertainers such as Oprah Winfrey, and many others at the top of their respective fields earn at least as much, if not more.
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