Balancing management and investor needs in executive pay

November 2002
NACD Directorship;Nov2002, Vol. 28 Issue 10, p18
Features the guidelines set by the International Corporate Governance Network concerning the compensation of corporate executives. Relation between corporate governance and executive pay; Importance of the transparency of the pay packages and stock options of employees; Discussion of the severance pay for early termination.


Related Articles

  • Trends in Executive Change-in-Control Severance Agreements. Kalfen, Donald; Powers, Michael; Rodda, Daniel // NACD Directorship;Jul/Aug2012, Vol. 38 Issue 4, p70 

    The article discusses changes in the executive change-in-control (CIC) severance arrangements of public companies in response to increasing pressure from activist shareholders, proxy advisory firms and corporate governance experts. A 2011 to 2012 study conducted by Meridian showed the prevalence...

  • Formal executive severance programs on the rise.  // Corporate Board;Sep/Oct99, Vol. 20 Issue 118, p27 

    Reports on the rise in formal executive severance programs in the United States, according to a survey by Hewitt Associates. Added security and protection for executives; Calculation of severance pay.

  • Severance packages for mid-level executives rise steeply. Leonard, Bill // HR Magazine;Oct96, Vol. 41 Issue 10, p8 

    Reports on the increase in severance pay for mid-level executives during the first six months of 1996, according to a report by Drake Beam Morin Inc. of New York. Average severance pay for mid-level executives for the period; Average tenure of executives for 1995 and 1996.

  • Sweetening the deal.  // PC Week;03/24/97, Vol. 14 Issue 12, p136 

    Focuses on the rise of severance pay for midlevel executives from 1994 through 1996. Two factors attributed to the increase.

  • Bye-bye boss.  // Long Island Business News (7/1993 to 5/2009);07/30/99, Vol. 46 Issue 31, p1B 

    Presents information on the strategies of companies in providing severance payments to executives.

  • Fair and square. Poe, Randall; Courter, Carol Lee // Across the Board;Mar1995, Vol. 32 Issue 3, p5 

    States that fired executives are generally satisfied with their severance pay. Findings from a Lee Hecht Harrison survey of outplaced managers in the United States; Average severance pay.

  • Ordinary Shares and Managers. Strausz, Roland // Journal of Economics;Jan2006, Vol. 87 Issue 1, p1 

    We argue that ordinary shares undermine any inherent commitment of its holders to resist renegotiating away ex post inefficiencies. Yet, in a dynamic adverse selection problem, such ex post inefficiencies are optimal from an ex ante point of view. We show that shareholders may use a manager in...

  • Getting tough on fat cat failures. Mordue, Christopher // Employers Law;Jul/Aug2003, p8 

    Focuses on the limitations in the proposals of the British government in its attempt to express its desire to link executive pay-offs to work performance in order to end the practice of payment for failure as of July 2003. Terms of the Private Member's Bill proposed by Member of Parliament...

  • Compensation Trends Reward CFO Risk-Taking. Vining, Kurt // hfm (Healthcare Financial Management);Jan2002, Vol. 56 Issue 1, p82 

    Focuses on issues concerning retention payments and severance packages in compensation discussions for chief financial officers (CFO) of healthcare organizations in the U.S. Scenarios of typical retention offers in health care organizations; Advice for CFO regarding compensation discussions...


Read the Article

Other Topics