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The U.S. has taken a different and, I believe, wiser approach by laying down basic principles and asking our compensation committees, senior management and regulators to evaluate their own risks.
FORBES
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Thus, alignment and engagement, along with transparency and accountability, can be presented to shareholders as principles that guide the directors in designing compensation plans in their interest.
FORBES: How To Make The Best Of 'Say On Pay'
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Speaking to reporters at the end of a Turkish Cabinet meeting, Deputy Prime Minister Bulent Arinc said the two sides had agreed on "the methods and principles, the basics and parameters" for working out the compensation, but said the amount to be paid had not yet been determined.
NPR: Israel, Turkey Find Way Forward On Flotilla Money