Communicating
executive compensation on the Web
By:
Dominic Jones Related: Best
Practices for Corporate Governance Sections
OF ALL the corporate governance issues that have
caused storms of protest from shareholders, none
elicits as strong a response as bloated executive
pay.
Compensation concerns have provoked more shareholder
proposals in the past two years than any other.
They have resulted in embarrassment and humiliation
for boards at organizations as diverse as The
Walt Disney Company, GlaxoSmithKline
and the venerable New York Stock Exchange.
And even though no company is fully immune from
scrutiny, executive pay is not a topic which companies
and their boards appear comfortable talking about.
It may be the biggest issue on the governance
agenda, but it is one of the last topics you will
see discussed openly on corporate websites.
| |
|
Burying pay details on the Web makes
it look like you have something to
hide.
|
| |
|
The guidelines provided in this article cover
eight printed pages and offer up-to-date advice
on how companies can communicate more clearly
and transparently with investors and other stakeholders
about executive and director compensation via
the Web. Examples are provided from forward-thinking
companies in several countries.
More
|
Read our