Curbing CEO pay: CEO cult

Article Abstract:

The CEO cult took hold in the 1980s and 1990s, when compensation consultants were retained in a big way, but since the consultants were appointed by the CEOs themselves, the board members had to negotiate with the CEOs' advocates. Moreover, CEOs negotiated their deals before they accepted the job, and once they were hired, the company was obliged to go by the terms even if the CEO stumbled.

---

Curbing CEO pay: Growing pressure

Article Abstract:

Corporate boards are becoming more demanding, hiring their own compensation consultants, and much of the pressure on boards is coming from institutional shareholders, which is likely to grow in the future. Shareholders are pushing to allow advisory votes and a "say on pay" resolution is presented to some of the big companies as a corporate governance issue.

---

Curbing CEO pay: Foreigners resent U.S. CEO's high pay

Article Abstract:

The compensation received by a chief executive officer (CEO) in the United States in 2005, was an estimated $2.2 million, which was much higher than the CEOs in other countries. The huge gap between American and European CEO pay has caused resentment, which was expressed by the Swiss activist Thomas Minder at the World Economic Forum in Switzerland.

Analysis, Comparative analysis, Wage gap

Similar abstracts:

• Abstracts: Curbing CEO pay: Courts, regulators alerted. Curbing CEO pay: The issues
• Abstracts: Caring for the elderly: LTC carrots. Fixing urban schools: Retooling NCLB?
• Abstracts: Combating addiction: Seeking risk factors for addiction, relapse. Combating addiction: Many brain functions involved in addiction
• Abstracts: Consumer debt: Student debt soars. Student aid: borrowers and lenders

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.