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Corporate Governance
: The Race to the BottomExecutive Pay and Consultants
By J. Robert Brown
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We have written on this Blog a number of times about the role of consultants in the executive compensation process, with their role often less than satisfactory. Delaware law, in its emphasis on process, largely requires little more than some type of report from a consultant to justify any amount of executive compensation, irrespective of the nature or amount. Yet consultants often end up serving as advocates for the CEO rather than the company.
The student post below fr read more
Full post as published by The Race to the Bottom on September 27, 2008 (boomark / email).
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