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CEO Pay: A Window into Corporate Governance
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******************************** CEO Pay: A Window into Corporate Governance http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1481 Once again, proxy season has revealed some eye-popping numbers in executive compensation packages, generating heat from shareholders, labor organizations and some analysts who contend that the links between CEO pay and performance are frayed. Other experts, however, suggest that most executives do earn their pay, without indulging in mega-option packages or in salaries that keep increasing even as share value declines. At the same time, these experts also suggest ways to improve compensation packages to more closely align them with shareholder interests.
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