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Corporate Governance

: The Race to the Bottom

Executive Compensation and the Upcoming Shareholder Proposal Season

By J. Robert Brown

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To no great surprise, it looks like the upcoming shareholder proposal season will to a large degree focus on executive compensation.  The year 2008 was a period of high compensation and disastrous economic performance, with a number of high profile examples of executives receiving substantial exit packages despite having managed their company into oblivion.  Companies have taken a few tiny steps, with some boards declining to pay bonuses to top management.  In addition, the variou read more

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Full post as published by The Race to the Bottom on January 16, 2009 (boomark / email).

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