Executive Pay Becoming More Transparent: Survey

Law360, New York (September 29, 2008, 12:00 AM EDT) -- While public companies are increasingly taking steps to make their executive compensation practices transparent to the investing public, there is still some resistance to the idea in boardrooms across the United States.

A survey of the largest 100 public companies released Monday by Shearman & Sterling LLP found that companies have continued to limit their disclosure of performance targets for executives, but that businesses are increasingly allowing shareholders to have a say in executive pay packages, among other moves towards transparency.

“My own boardroom experiences reinforce...
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