golden_parachutes

golden_parachutes - Raphael Anderson Tim Chang Hanna Evron...

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Raphael Anderson Tim Chang Hanna Evron Mona Kamdjou David McGuiness
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Golden Parachute http//:www.npr.org/templates/story/story.php?storyId=6741721 http//:www.youtube.com/watch?v=CyRVKJLaqSw
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Golden Parachutes What are they? Are they are unethical? Well then, why aren’t they eliminated?
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Upset Shareholders Shareholders own the company Shareholder Income = Dividends Executive Compensation Dividends Biggest Losers are Shareholders
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Upset Shareholders Compensation does not accurately depict the worth of the CEO Unrelated to performance Executives paid for failure Shareholders stressing pay for performance: pay directly related to the effect a manager's leadership has on company's growth
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Government Involvement: Past February, Senate passed a minimum wage bill that included requirements to increase taxes on executive pay - Barney Frank, chair of the House Committee on Financial Services - In March, presented idea of allowing shareholders to vote on executive pay packages - Requirements: - Public companies must ensure that shareholders have an annual nonbinding advisory vote on exec. compensation - - Additional nonbinding advisory vote if the company
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golden_parachutes - Raphael Anderson Tim Chang Hanna Evron...

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