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The Coming battle over executive pay
In the past year public outrage over executive pay has pushed the issue to the top of the domestic policy agenda in the United States and Europe. it's been widely recognized that the excessive bonuses and compensation paid by financial services companies not only rewarded risky behavior but encouraged it. That, says U.S. Representative Barney Frank, leader of the House Committee on Financial Services, has compelled the government to intervene. I do think it's important to respond to the public anger, Frank says. The business community needs, to some extent, to be saved from itself. Salvation could well come in the form of federal oversight. The Obama administration appointed a compensation czar for TARP companies in June and supports a shareholder bill of rights put forward by Senators Charles Schumer and Maria Cantwell. The bill would require, among other things, that all public companies hold an advisory shareholder vote of approval on executive compensation - something Obama himself had proposed as a senator. Most observers think that, at a minimum, the SEC will be govern some form of discretionary oversight over executive pay..Printed journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | : Harvard Business School Publishing |
|---|---|
| Edisi | - |
| Subjek | Policy making Executive compensation Bills Federal regulation |
| ISBN/ISSN | 178012 |
| Klasifikasi | - |
| Deskripsi Fisik | - |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |