Harvard Business Review: The Coming Battle Over Executive Pay
Whether the changes that take place next year are voluntary or mandated, the more intersting question is, Will any of this matter when the economy recovers?
Steven Hall, an executive compensation consultant who advises boards of directors, hopes the issue will blow over when the economy turns around. “When boards of directors ask me, ‘How do I ensure that I’m not going to be criticized for my compensation recommendations?’ my answer is, ‘Make sure the company performs well.'”