Description

Book Synopsis
Criticism that the compensation awarded to senior executives of publicly traded U.S. firms is excessive has a long, albeit somewhat cyclical history. The current financial crisis and public outrage over the size of executive pay packages, particularly bonuses, paid to senior management (and in some cases also to junior employees) of participants in the Troubled Asset Relief Program (TARP) have resulted in a renewed focus on executive pay and corporate governance. The scrutiny also involved widely held concerns that financial firm pay packages encouraged the kinds of reckless risk taking that many believe was at the centre of the financial crisis. This book explores the "say on pay" initiatives, corporate governance reforms, and other executive compensation issues.

Say on Pay and Executive Compensation Issues

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    A Paperback / softback by Mariana S Ramírez

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      Publisher: Nova Science Publishers Inc
      Publication Date: 08/07/2011
      ISBN13: 9781617615016, 978-1617615016
      ISBN10: 1617615013
      Also in:
      Business and Management

      Description

      Book Synopsis
      Criticism that the compensation awarded to senior executives of publicly traded U.S. firms is excessive has a long, albeit somewhat cyclical history. The current financial crisis and public outrage over the size of executive pay packages, particularly bonuses, paid to senior management (and in some cases also to junior employees) of participants in the Troubled Asset Relief Program (TARP) have resulted in a renewed focus on executive pay and corporate governance. The scrutiny also involved widely held concerns that financial firm pay packages encouraged the kinds of reckless risk taking that many believe was at the centre of the financial crisis. This book explores the "say on pay" initiatives, corporate governance reforms, and other executive compensation issues.

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