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.

Analysis, Corporate directors, Profits, Behavior, Appointments, resignations and dismissals, Corporate profits, Jordan, Vernon E.

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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.

Ethical aspects, Chief executive officers, Wealth

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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.

United States, Management Compensation, Evaluation, Wage payment systems, Pay structure

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