Seeking Sustainable Executive Compensation

Law360, New York (September 14, 2009, 12:19 PM EDT) -- There is an oft-quoted and widespread perception that the financial crisis was caused in part by lucrative incentive arrangements that rewarded financial firm executives for taking excessive investment risks that brought their companies down.

Acting on the belief that compensation reform is essential to help present future crises, the administration and Congress have proposed new laws and regulations to infuse greater transparency and accountability into the compensation process, in a quest for a paradigm shift away from an emphasis on short-term results and toward policies and...
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