But we don't begrudge big pay packages--provided the chief is delivering returns to shareholders.
It would be easy, given the potential for abuse, to condemn all executive pay packages.
Even with the ability to object to pay packages, compensation committees make no changes.
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Chief constables will be required to disclose pay packages, gifts and hospitality on a national register.
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Under its rules, shareholders are required to approve or reject executive pay packages every year.
With 14 million Americans unemployed, more people are paying attention to CEO pay packages.
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Still his situation highlights the problem with the way pay packages are structured, says Mansbridge.
Modeled closely after U.S.-style pay packages, the plan spreads 9 million shares among Iusacell's top 40 executives.
His Compensation Committee that has approved his lavish pay packages in the face of such dismal performance.
It would also have approval power over the pay packages of Fannie Mae and Freddie Mac executives.
He also served on the boards of several companies that have given lavish pay packages to executives.
Larcker mused on compensation consultants, whom companies hire to help them decide pay packages for senior execs.
Even so, 34% of voting shares opposed Monsanto's executive pay packages at its Jan. 25 annual meeting.
Even though many investors are frustrated with executive pay packages, firing CEOs can be an expensive option.
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As these executives led their companies through ten years of underwhelming returns, they still saw their pay packages increase dramatically.
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The source of the rich pay packages was the Fannie business model that Mr. Frank fought so hard to protect.
If Congress moves to raise tax rates for alternative asset managers, all it will do is cut their take-home pay packages.
As the economic activist Ralph Gomory points out, the fashion in American boardrooms for huge pay packages is of remarkably recent origin.
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The Myners proposal appears to assume that shareholders are wise enough to prevent corporate excess, in terms of pay packages or risk-taking.
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If this is the case, it will not be the first time a CEO has resigned over investor unease at pay packages.
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But it will have a broad impact on executives' pay packages--and soon.
Pay packages will have to be designed to prevent excessive risk-taking, which may involve deferring as much as 60% of managers' bonuses.
Justification for these pay packages is in the eye of the beholder.
Pay packages for City bankers probably won't take a hit, but compensation will be shifted away from bonuses and towards bigger base salaries.
They mostly do not spell out how much public disclosure there should be of big pay packages, other than those for board members.
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Chief executives are being asked to clean up their acts--including the reining-in of pay packages and vouching for the integrity of their companies' accounting.
Last year he tried to throw out a multi-million pound pay deal for executives but the vast majority of shareholders approved the pay packages.
Nuances of compensation plans and pay packages are shifting on what seems a daily basis requiring constant fine-tuning of your long-term plan with your advisor.
Thus the news over the weekend that the Swiss have voted to rein in executive pay packages should give pause to corporate fat cats everywhere.
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Even that would make little difference unless ways can be found to persuade institutional shareholders to vote for pay packages that serve their long-term interests.
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