Companies are racking up hundreds of millions of dollars in income taxes on pay for top executives, a growing bill that in some cases makes up a sizable chunk of their annual tax expense...
Large U.S. companies have for years sought to tie executive pay to financial and stock-market results, but a new study suggests their efforts aren’t working over the long term. The study, from investment research firm MSCI Inc., compared 10 years of stock-market returns at 423 U.S. companies to the compensation their CEOs received over that period. It found highly paid CEOs among the worst performers and vice versa, even counting market gains on their equity compensation...
"Boards and compensation committees are being much more sensitive to shareholders' perspective on executive pay ," said Carol Bowie, head of Americas research at Institutional Shareholder Services Inc., a proxy-advisory firm. Median pay for CEOs in the ...
The U.S. is lagging behind other developed nations in the international race to place more women on corporate boards...
