Conference Board outlines compensation guiding principles for public companies
Salaries up by almost 9%, but cash bonuses down 18% in 2009
Critics says new rules don’t go far enough
The U.S. Treasury Thursday introduced draft legislation requiring say on pay votes at public companies, and increased independence for firms' compensation committees.
Proposals would give shareholders say on TARP pay
The proposals would lead companies to analyze how compensation impacts risk taking and the implications for long-term corporate health
U.S. Treasury secretary says the process of bringing compensation practices in line with the interests of shareholders has begun
First quarter engagement report now available
Shareholders will express their point of view on the matter at next year’s annual meeting
Board reverses initial recommendation