Pharma Investments, Ventures & Law Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Pharma Investments, Ventures & Law Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Compensation Resources, Inc.
Board Compensation - Reactions to Recent Media Attention
April 12th, 2009
The financial industry continues to be the topic of heated discussion, particularly when recipients of TARP funds paid huge bonuses and exhibited the fiscal restraints associated with the proverbial "drunken sailor". Much of the finger pointing is aimed at the respective Boards that many feel allowed it to happen. In addition, a number of recent articles indicated that some Boards are trying to set an example by cutting their own compensation. The population as a whole expects, and in many instances, demands that Senior Management and Boards act in an honorary way and either freeze or cut their own pay. In light of proper governance, the responsibility of Board members...
Source: Pharma Investments, Ventures & Law Weekly (2009-04-12)
|
