The way public companies pay their top executives will probably not be changed drastically by the new tax law.
Actually, I don't have a problem with bank boards paying their executives whatever they want.
Company officials have defended these benefits as an important part of paying their top executives.
Well, imagine if all the billions that companies pay their executives were used to improve education.
The board can simply ignore shareholders and pay executives what they wish.
Private companies can pay executives more without having to face the wrath of shareholders or the public.
Why, as we are being killed by foreign competition, do we need to pay our executives so much?
A panel of business leaders proposed changes yesterday in the way corporations pay their top executives.
They pay executives $40,000 to $50,000, for example, far less than what their counterparts receive at larger retailers.
Boards of directors pay executives based on performance standards that can be impossible to understand.