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Growing executive comp picThe Growing Executive Compensation Advantage of Private Versus Public Companies

Private companies have a natural governance advantage over public companies - one that stems mainly from the presence on their boards of their largest owners. This governance advantage is reflected in the greater effectiveness of private company executive pay plans in balancing the goals of management retention and incentive alignment against cost..  Read more

 

dubai-in-the-fog-wallpaperDisclosure:  Too much of a good thing?

Transparency has its benefits.  It enables shareholders to see into the company they own, and thereby judge whether it’s worth owning.  The main mechanism for transparency in the corporate world is company disclosures.  Does that mean that more disclosure is better?  This article suggests otherwise:  read more

 

waterfall-detail Bonuses: Economic logic leads to a "paradox"

Paradox: a statement that is seemingly contradictory or opposed to common sense and yet is perhaps true.

The media in Europe are starting to call skyrocketing banker salaries across Europe the "bonus paradox."

The EU limit on bonuses to 100 percent of salary (or 200% with shareholder approval) is ushering a paradoxical parade of unintended consequences. But just because consequences are unintended doesn't mean they are unpredictable.

The economic ignoranti fully expected overall banker pay to be clipped by the EU measure. José Manuel Barroso, president of the European Commission said,Bonus “This is a question of fairness." So, there it is." read more

 

 

Ethics

Ethical Systems and Corporate Governance

I am excited to announce a new online resource for corporate professionals interested in ethics, governance, and related business issues: EthicalSystems.org.  The idea behind Ethical Systems is to provide academic rigor to work on improving the ethical behavior of organizations.

This site is the brainchild of Jonathan Haidt, the brilliant NYU researcher and author of the bestselling “The Righteous Mind.”  Jonathan was grappling with the fact that ethical behavior has...  Read more...

Hodak Events

Marc was published in Directors & Boards.

DBAR14 Cover ToC

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Read Gregory Millman's Wall Street Journal Articles quoting Marc:

How Skimping on CEO Pay Can Drive Pubic Company Underperformance &

The Morning Risk Report: High-Performing Businesses Ignore Pay Critics

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Read Marc's opinion about the WalMart board where he is quoted here by Patricia O'Connell for Advisen Risk Network.

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Learn more about Marc's expetise by watching videos from ethicalsystems.org on his speaker page.  He is also a regular contributor, see more here.

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Watch Marc's speech "Hot-Button Pay Issues for 2014" from the CEO Netweavers Directors meeting in Dallas, TX.

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