*Source: News.com (
http://news.com.com/Chinas+new+weapo...ag=nefd.lede)*
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Will globalization someday stick it to the man?
Excessive executive pay has been a hot-button issue in American politics for years, but worldwide factors could one day make it a liability on the balance sheet.
As companies in countries like China (
http://news.com.com/In+China%2C+a+ne...3-6187750.html) and India (
http://news.com.com/India+enters+the...3-5696846.html) move away from performing
behind-the-scenes functions, they're selling products and services under their own brand names directly against U.S. and European counterparts.
Since high-level executives and other white collar professionals in Asian companies typically make less than their Western equivalents, these companies potentially will have a cost advantage.
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