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What you don't hear about CEO pay: before increasing regulations on corporate America, U.S. lawmakers should get the full story on executive compensation.

Publication: The American (Washington, DC)
Publication Date: 01-NOV-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: What you don't hear about CEO pay: before increasing regulations on corporate America, U.S. lawmakers should get the full story on executive compensation.(THE AMERICAN SCENE)

Article Excerpt
A recent study by Watson Wyatt Worldwide consultants Ira T. Kay and Steven Van Putten should be mandatory reading for all U.S. lawmakers eager to slap new federal regulations on CEO pay.

Amid much howling about boardroom cronyism and corporate greed, Kay and Van Putten help put executive compensation in perspective. They show that the current system--the "pay-for-performance" model--is working effectively: in other words, "pay...



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