10327. EXECUTIVE PAY: AN INTERNATIONAL COMPARISON. This paper analyzes the current executive pay controversy within a comparative framework. The analysis begins with an examination of the scope and extent of CEO pay differentials in the U.S., Japan and the EEC and a review of industrialized nations' executive compensation trends. The extent to which corporations within any industrialized nation compensate CEOs based on performance is considered. The next section examines some of the effects of CEO overpayment and considers some of the reasons why American CEOs are paid more than their foreign counterparts. The concluding section considers the need for reform and looks at specific proposals for reform in executive pay within the United States. 13p., 47f., 27b.