Whole Network Most Recent TOP10 Accounting Compliance Ethics SOX

 

Executive pay battleground

Filed in archive executive pay by leon on January 05, 2006

BlogPicture
With Securities and Exchange Commission chairman Christopher Cox last month outlining plans to make companies come clean on executive compensation, pay for bosses is shaping up as the next big fight.

In an interview on NPR, Nelllinks Minnow, co-founder of the Corporate Library, talks about possible directions for the "Jack Welch GE Commemorative Disclosure Rules" and about the loopholes in the system that allow the rampant abuse to continue. While the audit committees and nomination committees are doing a better job, the compensation committees are failing.

The Conference Board seems to have picked up on that point. In its report here, it calls on compensation committees to do a better job controlling consultants.

According to the report, it's best to make sure they are independent of management so that they can give objective, neutral advice.






Permalink: Executive pay battleground
Tags: Executive  pay  Christopher 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/13305



Advertisement


Advertisement


RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use our search feature to look for other interesting posts

Just this blog Whole network


 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give Luis a call at +1 (650) 331 8047.


  • Other blogs in the same channel in the Creative Weblogging Network







 
Tagcloud: Accounting boards of directors Compliance corporate crime corporate governance corporate reputation Ethics events executive pay litigation markets regulators risk shareholder activism SOX Sponsored Blog strategy