TITLE

Heightened Director Responsibilities In Setting Executive Compensation

AUTHOR(S)
Faucette, Douglas P.
PUB. DATE
October 2004
SOURCE
Community Banker;Oct2004, Vol. 13 Issue 10, p100
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Discusses the decision of courts in the U.S. on cases concerning the decisions made by board of directors of corporations on executive compensation packages. Allegations concerning the approval of a lavish executive compensation package at Walt Disney Co.; Disclosures in proxy statements of Mony Group Inc.; Steps to avoid liability for compensation decisions.
ACCESSION #
14804219

 

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