[Smugglers] are packing the frozen meat in China and saying it's from other sources. It's easy to just print a box. |
A lot of other candidates from the wider financial industry wouldn't raise the notion of a conflict of interest. |
Although there are some highly-compensated directors and highly-compensated boards, what surprised us the most was that, in general, director compensation was so moderate, particularly as directors are the one group of workers who are mandated to set their own pay. |
Compensation increases for CEOs, while far exceeding those for other employees, have dropped from the heady levels found in last year's survey. |
Given that they waited until the market closed on that day, and on the day of their annual meeting, it's obvious that they didn't want to tell anybody about it until that point. And if they didn't put him up for re-election, that would have announced to the world that there would be a parting of the ways. |
I think some of the companies are trying to improve the situation. |
I think some of the companies are trying to improve the situation. To be honest, if I can figure it out, I don't see why people who are leading some of the largest companies in the country shouldn't be able to figure it out as well. |
If you're a lawyer and you're not motivated by money, that would probably seem like the most important job there is. |
In the past four years, there's been a definite increase in shareholder activism. |
In the vast majority of cases, personal use of corporate aircraft is an invalid use of shareholders' money. If we're going to pay them more, I'd rather see it related to performance. |
In this way, all the 'apples' will be in one table, and all the 'oranges' will be in another. |
It is early days yet, but it may be possible to find some small encouragement in the fact that, at least for a group of companies, compensation increases for CEOs, while far exceeding those for other employees, have dropped from the heady levels found in last year's survey. |
It is unlikely to catch on in a big way. |
It's a very rare occurrence that an entire corporate culture is responsible for the charges they're being held accountable for. The prosecution of individuals is a far more effective way to go about discouraging this type of activity. |
It's definitely a good thing for corporate governance. They are ahead of the curve. |