Heightened Director Responsibilities In Setting Executive Compensation

Faucette, Douglas P.
October 2004
Community Banker;Oct2004, Vol. 13 Issue 10, p100
Trade Publication
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.


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