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1 maj 2024 · For decades before the 1990s, director compensation varied little across firms and consisted mainly of a fixed retainer and fees for specific tasks such as meeting attendance. In the 1990s, compensation packages moved towards containing a significant equity component.
8 sty 2024 · Drawn from a panel of nonprofits in three Upstate New York cities from 1998 to 2014, the analysis shows that chief executive officers (CEOs) compensation is positively associated with interlocking directorships of CEOs and boards of directors.
the strategic compensation efforts that emerged in the late 1990s and early years of the twenty-first century are less likely to be viewed as viable pay philosophies today.
28 paź 2024 · The board of directors is responsible for hiring and establishing compensation (salary and benefits) for the executive director/CEO that is “reasonable and not excessive,” but is also enough to attract and retain the best possible talent to lead the organization.
Like property rights, the roles and responsibilities of boards of directors and the organizations with which they are associated — as well as the broader legal, governmental, and economic settings in which they operate — have evolved and changed over time.
27 sie 2024 · We found compensation of ethno-racialized CEOs is higher when their organizations have diverse boards. Therefore, boards of directors must be cognizant of board composition, the potential for subjectivity and bias, and the impact these factors can have on CEO compensation and compensation equity.
5 sie 2011 · Scholars of American corporate governance – both for-profit and nonprofit – have long remarked on the contrast between the sketchiness of the legal regime and the robust and diverse set of practices inside boardrooms and executive suites.
