Executive Compensation Best Practices

Executive Compensation Best Practices

Volumn , Issue , 2015, Pages 1-318

  Lipman, Frederick D ^a,b   Hall, Steven E ^a  

^a Blank Rome LLP ^*  (United States)

^b Audit Committee Members   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84949816581     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1002/9781119197621     Document Type: Book

References (93)

1. Lucier, Weeler and Habbel, "The Era of the Inclusive Leader," (May 22, 2007)
2. Booz Allen Hamilton website: www.boozeallen.com
3. "Pay Without Performance," Harvard University Press, 2004.
4. Gabaix, Xavier and Landier, Augustin, "Why Has CEO Pay Increased so Much?" (May 8, 2006). MIT Department of Economics Working Paper No. 06-13
5. Prof Sherwin Rosen, "Economics of Superstars," The American Scholar, Volume 52, Number 4, Autumn 1983.
6. "Wiring the Labor Market," Journal of Economics Perspectives, Vol. 15, No. 1 (Winter 2001).
7. The Wall Street Journal, January 4, 2007.
8. "Blame Home Depot's Board, Not Nardelli," V. Katsenelson, January 4, 2007, Contrarian Edge blog, http://contrarianedge.com/2007/01/04/blame-homedepots- board-not-nardelli/
9. See, "Is Shareholder Democracy Encouraging Private Buyouts of Public Firms?" L. Stout, The Harvard Law School Corporate Governance Blog, May 15, 2007.
10. P. Dvorak, "Finding the Best Measure of Corporate Citizenship," The Wall Street Journal, July 2, 2007.
11. "What Price Reputation?" BusinessWeek, July 9, 2007.
12. See also Deutsche Bank Study (2001-2002) and The Black, Jang and Kim Research in Korea (2003).
13. Brown, et al, Corporate Governance and Firm Performance Georgia State University (December 7, 2004), http://papers.ssrn.com/sol3/papers.cfm?abstract_id=586423
14. Weill, IT Governance: How Top Performers Manage IT Decision Rights for Superior Results. (Harvard Business School Press, 2004).
15. Eli Lilly and Company Schedule 14A, filed March 5, 2007, p. 23.
16. U.S. Securities and Exchange Commission, Litigation Rel. No. 19243 ( June 2005), www.sec.gov/litigation/litreleases/lr19243.htm.
17. Dell Inc. Schedule 14A filed on June 5, 2006.
18. A User's Guide to the SEC's New Rules for Reporting Executive Pay, April 2007, p. 4.
19. Wal-Mart Stores, Inc. Schedule 14A filed on April 19, 2007.
20. FedEx Schedule 14A filed on August 14, 2006, p. 36.
21. Bank of America Corporation Schedule 14A filed on March 19, 2007.
22. UnitedHealth Group Incorporated, Schedule 14A, filed May 22, 2007.
23. M. Davis and J. Edge "Executive Compensation," Windsor Professional Information (2004), p. 53.
24. The Philadelphia Inquirer, June 7, 2007, p. C3.
25. Wal-Mart Stores, Inc. Schedule 14A filed on April 16, 2007, p. 22.
26. See also Reda, Reifler and Thatcher, Compensation Committee Handbook, Second Edition, John Wiley & Sons, Inc. (2005), p. 26 et sec.
27. Intel Corp. Schedule 14A filed on April 2, 2007, pps. 21 and 22.
28. Compensation Standards (Spring 2007);
29. E. I. du Pont de Nemours and Company Schedule 14A, filed on March 19, 2007, p. 19.
30. Kinder Morgan, Inc. Schedule 14A filed on November 15, 2006.
31. "Private Equity, Private Lives," CNNMoney.com, November 27, 2006.
32. "Firms Go Private In Search of Deeper Pockets," D. Cho, washingtonpost.com, January 1, 2007.
33. "Investors Who Are Too Bolshy for Their Own Good," L. Stout, FT.com, April 23, 2007.
34. Eli Lilly and Company Schedule 14A, filed March 5, 2007.
35. IBM Schedule 14A filed on March 12, 2007, p. 31.
36. K. Scannell and J. Lublin, "SEC Asks Firms to Detail Top Executives' Pay", The Wall Street Journal (August 31, 2007).
37. Speech by John W. White, Director of Division of Corporation Finance, U.S. Securities and Exchange Commission, May 3, 2007. http://sec.gov/news/ speech/2007/spch050397jww.htm
38. ACCO Brands Corporation Schedule 14A filed on April 5, 2007, p. 15.
39. General Electric Corporation Schedule 14A filed on February 27, 2007, p. 19.
40. Google, Inc. Proxy Statement Schedule 14A filed on April 4, 2007.
41. EMC Corporation Schedule 14A filed April 20, 2007, p. 38.
42. NYSE Euronext Schedule 14A filed on May 7, 2007.
43. EMC Corporation Schedule 14A filed April 20, 2007, p. 52.
44. Conoco Phillips Schedule 14A filed on April 2, 2007.
45. Liedtke, "McKesson CEO Gets $22.6M Pay Package," Houston Chronicle, June 13, 2007.
46. McKesson Corp. Schedule 14A filed on June 13, 2007.
47. Liedtke, "McKesson CEO Gets $22.6M Pay Package," Houston Chronicle, June 13, 2007.
48. Lucian A. Bebchuk, "How Much Does the Boss Make," The Wall Street Journal ( January 18, 2006)
49. Lucian A. Bebchuk and Robert J. Jackson entitled "Executive Pensions," http://papers.ssrn.com/sol3/ papers.cfm?abstract_id=694766.
50. Exxon Mobil Corporation Schedule 14A filed on April 11, 2007 at p 7.
51. Wal-Mart Stores, Inc. Schedule 14A filed on April 19, 2007 at p 25.
52. Bank of America Corporation Schedule 14A filed on March 19, 2007.
53. White and Lublin "Companies Trim Perks for Senior Executives," The Wall Street Journal (January 17, 2007).
54. Compliance Week, July 3, 2007.
55. Lublin, "Company Jets, Lifetime Discounts Are among the Perks for CEO's Kin," The Wall Street Journal ( July 3, 2007).
56. White and Lubin, "Companies Trim Perks For Senior Executives," The Wall Street Journal (January 17, 2007).
57. UnitedHealth Group, Incorporated Schedule 14A filed on April 30, 2007, p 31.
58. U.S. Securities and Exchange Commission, Litigation Release No. 19208 (April 28, 2005) http://www.sec.gov/litigation/litreleases/lr19208.htm.
59. See Berger and Berger, "The Compensation Handbook," McGraw-Hill, 4th Ed. (1999) p 261 et sec
60. Veasey, "What's Wrong with Executive Compensation," Harvard Business Review, pp. 68, 76 ( January 2003).
61. See Miller, "Rebuttable Presumption is Key to Easy Intermediate Sanctions Compliance" Tax Notes, Vol. 91, Issue 11 ( June 4, 2001).
62. The Wall Street Journal (April 27, 2007).
63. "A Noted MIT Dean Quits for Falsifying Her Credentials," The Philadelphia Inquirer, April 27, 2007, p. A5.
64. "Departing RadioShack CEO to get $1 million," The Associated Press (February 21, 2006).
65. "Resume Fraud in The Corner Office" (Penn State College of Business (November 2002);
66. "School Lies: Why Do So Many Executives Lie About Their Education." (Slate Magazine, October 22, 2002).
67. "Lotus CEO Resigns." (Computerworld, January 10, 2000).
68. "Spotting Lies." (HR Magazine, October 2003, Vol. 48, No. 10).
69. "Exit Pay Best Practices in Practice," Institutional Shareholder Services (March 2007).
70. Chrystia Feeland and Francesco Guerrera, "GE Head Wades into Pay Debate," Financial Times, November 3, 2006, Front Page - Companies and Markets, p. 17.
71. "New Ford CEO Received $28 Million in 4 Months," The Philadelphia Inquirer (April 6, 2007).
72. UnitedHealth Group Incorporated Schedule 14A, filed on April 30, 2007, pp. 38-39.
73. Towers Perrin, Executive Compensation Resources, July 6, 2006.
74. "A User's Guide to the SEC's New Rules for Reporting Executive Pay," April 2007, Note 1.
75. Morgenson, "Severance Pay Doesn't Go Better With Coke," The New York Times (December 25, 2005).
76. Compensation Standards (Spring 2007).
77. "Exit Pay Best Practices in Practice," Institutional Shareholders, Inc. (March 2007).
78. Towers Perrin, Executive Compensation Resources, July 6, 2006.
79. Langdon and Anderson "Report Details Huge Pay Deal Grasso Set Up," New York Times, 3 February 005, A1
80. Crawford, "Spitzer seeks $100 million from Grasso," CNNMoney, 24 May 2004. http://money.cnn.com/2004/05/24/markets/ spitzer_grasso (6 April 2005).
81. Donaldson, William, "Statement by the Chairperson:Letter to NYSE Regarding NYSE Executive Compensation," U.S. Securities and Exchange Commission, Washington, D.C. (2 September, 2003).
82. Compensation Standards, Summer 2007, p. 3
83. Bank of America Corporation Schedule 14A filed on March 19, 2007.
84. G. Morgenson, "The Consequences of Corporate America's Growing Addition to Stock Options," The New York Times ( June 13, 2000).
85. See Jones and Tyson, "Effect of Final Code Section 409A Regulations on Equity Plans," June 14, 2007, Womble Carlyle Sandridge & Rice, www.wcsr.com/
86. Ryan v. Gifford, 2007 WL 1018208 (Del. Ch. 2007).
87. Ryan v. Gifford, 2007 WL 1018208 (Del. Ch. 2007).
88. "Report of the NACD Blue Ribbon Commission, Director Compensation," (2006 Edition)
89. The Coca-Cola Company Schedule 14A filed on March 9, 2007, p. 26.
90. PNM Resources, Inc. Schedule 14A filed on April 12, 2007, p. 15.
91. FedEx Schedule 14A filed on August 14, 2006, p. 19.
92. "How has CEO Turnover Changed? Increasingly Performance Sensitive Boards and Increasingly Uneasy CEOs," by Steven N. Kaplan and Bernadette A Minton, First Draft: March 2006, This Draft: July 2006.
93. Federal Register/Vol. 72, No. 73, April 17, 2007.