Responding to outrage over reports of Wall Street excess, President Obama announced plans to cap executive compensation at $500,000 for those firms that accept significant federal assistance moving forward. Well, not surprisingly, a number of interested parties immediately began to point out that capping salaries on Wall Street is a mistake. For example, [...]
Archive for the ‘CEO Pay’ Category
Obama to cap executive pay for those who receive public funds
Posted in CEO Pay, Executive Excess, Executive Pay, Financial Services, Wall Street, tagged President Obama, TARP on February 4, 2009 | 2 Comments »
Does short-term management pay?
Posted in CEO, CEO Pay, CEO Salary, Executive Pay, Harvard Business Review, Leadership, Management, Natalie Mizik, Robert Jacobson on September 9, 2007 | 5 Comments »
Natalie Mizik and Robert Jacobson wrote an article entitled, The cost of myopic management for the July/August edition of the Harvard Business Review in which they explored the costs paid by the organization (and ultimately investors) when they become too focused on short-term revenue targets and begin inflating their earning by cutting expenditures. During [...]
CEO Pay
Posted in Bob Nardelli, CEO, CEO Pay, CEO Salary, Douglas mattern, Executive Excess, Executive Pay, Golden parachute, Home Depot, IBM, PC World on May 7, 2007 | Leave a Comment »
I read an article on PC World about the rumored layoffs by IBM – the rumors are reportedly bogus – and I began to reflect on the Douglas Mattern article entitled, CEO Pay is Outrageous and It’s Undemocratic. In particular, the following quote really stuck with me.
Business Week reports that the disparity between the ‘shop [...]
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