Corporate Execs: Do they earn their pay?

The amount of money that corporate executives earn has just come to the attention of the public and our politicians are trying to do something about it. The most recently passed versions of the Financial Responsibility acts contain provisions designed to allow shareholders to curtail it. Is this a good thing? What determines the worth of a executive? Can earning 300 times the average worker's wage be justified? Is it good business? Let's talk about it.