Corporate Governance

Designing Defensible Director and Executive Compensation Packages

Director and executive compensation has increasingly come under fire as being excessive when companies fail to perform well financially or top leaders are believed to have violated their responsibilities. Shareholders are taking companies to court to make their point.
— By Royston Arch

There has been a steady increase in litigation by stakeholders challenging executive compensation. There are the expected lawsuits by stockholders claiming directors and CEOs are overpaid based on corporate financial performance. There have also been a variety of lawsuits claiming directors and/or the CEO set misleading performance targets, acted with disregard for their ....