The baron of the boardroom
Article Abstract:
Vernon Jordan, co-head of the Clinton transition team, sits on the board of directors of some of America's largest corporations. His status as a Washington insider is probably the reason he gets these jobs, but his performance is questionable. The companies that Jordan serves as director for have been some of the worst-run in the nation during his membership on their respective boards. Executives at these companies are grossly over-paid and Jordan sits on the compensation committee for many of them. His law firm also enlists these companies as clients, increasing the opportunity for conflict of interests on Jordan's part.
Publication Name: Business and Society Review
Subject: Law
ISSN: 0045-3609
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
Good times ahead for white, rich males in America
Article Abstract:
Corporate America has downsized in the 1990's, but CEOs are receiving huge salaries and perks. A Wall Street Journal surveyed revealed that the average CEO received $1.8 million in 1994. CEO wage increases averaged 11.4%, while other corporate workers gained only 4.2% overall. These corporate heads, all rich white males, preside over companies such as Wells Fargo, Scott Paper, Westinghouse, Compaq Computer, Coca-Cola, and Duracell.
Publication Name: Business and Society Review
Subject: Law
ISSN: 0045-3609
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Economic and moral criteria of executive compensation
Article Abstract:
The important issues in executive compensation are explored along with the preliminary economic and moral criteria to aid in the evaluation of corporate pay determinants is proposed. Six economic and moral criteria are proposed in a preliminary effort to provide a framework for compensation decision-making.
Publication Name: Business and Society Review
Subject: Law
ISSN: 0045-3609
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The role of a bill of rights. Originalism and interpretive conventions. The true wisdom of the Bill of Rights
- Abstracts: Federal preemption of state law. Review of administrative action
- Abstracts: Terminated dealers adopt new tactics. Teams and leagues face off in court over relocations
- Abstracts: Using the Uniform Transfers to Minors Act - a primer for life insurance companies and professionals. Overview of the Life Insurance Illustrations Model Regulation
- Abstracts: The new age of natural gas: how the regulators brought competition. Turning up the heat in the natural gas industry