Executive compensation best practices /
"Executive compensation practices are under enormous scrutiny from activist shareholders, corporate governance rating groups, the media, and lawmakers. This public controversy over executive pay has resulted from the failure of compensation Committees to use "best practices" in establ...
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| Format: | eBook |
| Language: | English |
| Published: |
Hoboken, N.J. :
John Wiley & Sons,
©2008.
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| Series: | Wiley best practices.
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | "Executive compensation practices are under enormous scrutiny from activist shareholders, corporate governance rating groups, the media, and lawmakers. This public controversy over executive pay has resulted from the failure of compensation Committees to use "best practices" in establishing CEO compensation and in the failure to adequately explain to shareholders both the methodology used and the growing competition for executive talent with private equity funds. Executive Compensation Best Practices demystifies this topic, with a hands-on guide providing comprehensive compensation guidance for all members of the board, as well as best practice guidance for compensation Committee members and executives who work with the compensation Committee. Authors Frederick Lipman and Steven Hall provide the compensation Committee of the board of directors for both profit and nonprofit organizations with a thorough reference to executive compensation best practices, including:Establishing goals and objectives for executives before performanceTying executive officer goals into the strategic plan of the company as well as the year-to-year budgetBest practices in establishing peer groups and benchmarkingCompeting with private equity groups for executive talentExamples of some of the best practices by major companies in describing to shareholders executive compensation goals and objectivesBest practices in the routine operations of compensation Committee sBest practices to avoid charges of conflict of interestBest practices that should be followed by executives in negotiating their own employment and severance agreementsIncluding best practice guidance on the new Securities and Exchange Commission (SEC) executive compensation disclosure rules, which were issued in August 2006, Executive Compensation Best Practices contains sample agreement forms and results and analysis of the latest compensation studies."--Flap. |
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| Item Description: | Series taken from jacket. |
| Physical Description: | 1 online resource (xvii, 318 pages : : illustrations.) |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9781119197621 (electronic bk.) 1119197627 (electronic bk.) |