Monday, June 25, 2007

Management in Europe | Pay slips | Economist.com

Management in Europe | Pay slips | Economist.com

Nice article on CEO pay from the Economist. The nutshell:
"The secret to sensible pay is transparency and a shareholder vote, along with all the negotiation that surrounds it....Ideally, the debate over executive pay will shift from the purely moral plane to the pragmatic one, where it really belongs. Investors and workers want their companies to generate prosperity. Pay is a tool to help that happen. Governments should not blunt it."

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