TITLE

Flame Out and Prosper

AUTHOR(S)
Underhill, William
PUB. DATE
December 2001
SOURCE
Newsweek (Atlantic Edition);12/3/2001 (Atlantic Edition), Vol. 138 Issue 23, p60
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Focuses on criticism in Great Britain against huge payoffs for failing chief executive officers (CEO). View that the idea was imported from the United States; Cases, including Peter Bonfield of British Telecom and Lord George Simpson of Marconi; Reasons why executive pay has been rising, including competition and vanity; Criticism of so-called golden goodbyes, which have become the norm in Britain.
ACCESSION #
5628773

 

Related Articles

  • Flame Out and Prosper. Underhill, William // Newsweek (Pacific Edition);12/3/2001 (Pacific Edition), Vol. 138 Issue 23, p50 

    Focuses on criticism in Great Britain against huge payoffs for failing chief executive officers (CEO). View that the idea was imported from the United States; Cases, including Peter Bonfield of British Telecom and Lord George Simpson of Marconi; Reasons why executive pay has been rising,...

  • Recon.  // Mother Jones;Nov2005, Vol. 30 Issue 6, p18 

    This article discusses the compensation package given to top executives in the U.S. In 2004, the average salary for top CEO was $11.8 million, 431 times that of the average worker. Chief executives in the struggling automobile industry have a median income of $4.2 million, up 72% from 2003....

  • Despite Terrible Year, Financial Service CEOs Net Big Bucks. Rodgers, Steve // Point for Credit Union Research & Advice;5/19/2003, pN.PAG 

    Reports on the earnings of Wall Street CEO in 2002 in total direct compensation, according to a survey by Executive Compensation Advisory Services. Conflicts of interests among regulatory agencies; Increase in the average salary for bank and thrift CEO; Cash compensation for credit union CEO.

  • DON'T LOOK BACK. BUCHANAN, JOHN // Conference Board Review;Spring2010, Vol. 47 Issue 3, p16 

    The article discusses how much better-paid U.S. chief executive officers (CEOs) are than foreign ones, and examines whether the pay gap will ever narrow. Topics discussed include a perception in Europe that U.S. CEOs are paid more because they are greedier, how the 2008 global recession affected...

  • Suffocating Under That Golden Parachute? Brandt, John R. // Industry Week/IW;Oct2004, Vol. 253 Issue 10, p25 

    Criticizes the practice of public companies in the U.S. in giving a multi-million dollar severance package to dismissed chief executive officers (CEO). Negative effects of the severance package on shareholders; Role of the board of directors on hiring and dismissing CEO.

  • Runaway pay. Hollon, John // Workforce Management;12/11/2006, Vol. 85 Issue 23, p74 

    The article presents the author's opinion on the issue regarding executive compensation. He notes that executive pay only becomes a hot button when it seems out of proportion to the success of the company and everyone else who works there. However, he cites that it is about the widely hem notion...

  • M&A Pays for Bank Executives.  // American Banker;8/8/2012, Vol. 177 Issue 122, p5 

    The article notes the value of U.S. bank merger deals and chief executive officers' compensation in first-half 2012 including Kim S. Price of Citizens South Banking, John Doherty of Central Bancorp, and Carl Webb of Pacific Capital Bancorp who have golden parachutes of $3.79 million, $2.2...

  • MANAGEMENT-BOARD RELATIONSHIPS, TAKEOVER RISK, AND THE ADOPTION OF GOLDEN PARACHUTES. Singh, Harbir; Harianto, Farid // Academy of Management Journal;Mar1989, Vol. 32 Issue 1, p7 

    This study compared the characteristics of the top management and boards of directors in large firms that have adopted golden parachutes for CEOs with those of an industry- and size-matched control group. The results indicated that firms that have experienced takeover threats are more likely to...

  • MANAGEMENT-BOARD RELATIONSHIPS, TAKEOVER RISK, AND THE ADOPTION OF GOLDEN PARACHUTES. Singh, Harbir; Harianto, Farid // Academy of Management Journal;Mar1989, Vol. 32 Issue 1, p7 

    This study compared the characteristics of the top management and boards of directors in large firms that have adopted golden parachutes for CEOs with those of an industry- and size-matched control group. The results indicated that firms that have experienced takeover threats are more likely to...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics