Executive compensation and Sarbanes Oxley: The rules have changed

From: Community Banker | Date: November 1, 2003| Author: | Copyright information

Designing and implementing effective compensation structures to attract, retain and give incentives to talented senior management are critical components of any banks operating strategy.

However, achieving these goals has become increasingly difficult in the past year due to the adoption of the Sarbanes-Oxley Act of 2002 and a number of other initiatives in the marketplace, including proposals regarding corporate governance issued by the New York Stock Exchange, the NASDAQ Stock Market and the Conference Boards Commission on Public Trust and Private Enterprise.

Furthermore, the Financial ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

EXECUTIVE COMPENSATION ISSUES:JOHN J. CASTELLANI
; ...systems of corporate governance are the most...leadership in corporate governance that includes...Principles of Corporate Governance (2002 and...Principles of Executive Compensation (2003 and...statements on corporate governance best practices...relating ...
Twenty years of corporate governance
; ...guess, about corporate governance, but the...witness to the corporate governance evolution...of Chief Executive's birth in...Planning, Executive Compensation, Director...the words "corporate governance" was in...by '93, corporate governance was so ...
Executive Compensation: Perspectives from a Former CEO
; ...was the CEO. Executive compensation was a major...all of our corporate governance initiatives...the way on corporate governance and probably...mention on executive compensation is that we...designing executive compensation plans.6 The...of American ...
A necessary `say on pay'.(executive compensation)
; ...non-binding vote on executive compensation is unfortunate, but necessary...unfortunate because the corporate governance movement already is pushing...congressional attempt to limit executive compensation by legislation. That...strides in other areas of corporate ...
Executive Compensation in the Netherlands
; ...into Dutch executive compensation arrangements...influence of corporate governance requirements...now, Dutch executive compensation and corporate governance practices...detailed corporate governance codes in...facts on executive compensation ...
Corporate Governance: Still Broke, No Fix in Sight
; ...concern about corporate governance is spasmodic...the ills of corporate governance, and there...excessive executive compensation, empire building...problem of corporate governance remains what...recognize that corporate governance is broken...stakes in the ...
Conflicts of interest in corporate governance.
; ...failures in corporate governance that led...setting of executive compensation, created...breakdown of corporate governance. This breakdown...Reform * Executive compensation...mechanism of corporate governance to monitor and control executive ...
Executive Compensation: Who Decides?
; Executive Compensation: Who Decides...PROMISE OF EXECUTIVE COMPENSATION. By Lucian...practice, corporate governance all too often...particular, as executive compensation has spiraled...that top corporate managers...words, the executive compensation ...
Restoring the faith in corporate governance. (Viewpoint).(Column)
; ...of trust due to corporate governance breakdowns and misleading...on four issues: corporate governance, executive compensation, accounting and disclosure. Corporate governance Looking to the immediate...remuneration should be. Executive compensation I have ...
Corporate governance.(Teachers Insurance and Annuity Association - College Retirement Equities Fund revises corporate governance and proxy-voting policy)(chief executive officers recruited from outside more expensive)(Michael G. Oxley opposes bill by Barney Frank on executive compensation)
; ...issued a revised corporate governance and proxy-voting...president and head of corporate governance. The policy covers...nonbinding vote on executive compensation, which it generally...Choi, director-corporate governance and senior counsel...Sarbanes-Oxley ...