Corporate Governance and Executive Compensation Principles
Organizations around the world have been working on principles for corporate governance and executive compensation for a number of years. The Delves Group has drawn on all of these principles in developing its principles-based governance and compensation methods.
In working with the IDEC Project, we assembled these principles and codes on corporate governance in general, and executive compensation in particular, to highlight the latest thinking available. They fall under two categories: currently proposed and existing/implemented.
(Clicking on the links below opens a page on the IDEC Project website. Those pages describe the organization listed, explain its work on principles, and provide links to principles documents.)
1. Currently Proposed Principles
Comments are still being invited by these organizations:
- Independent Directors Executive Compensation Project
- Center on Executive Compensation
- Conference Board
2. Existing/Implemented Principles
- Aspen Institute
- Business Roundtable
- CalPERS
- Combined Code on Corporate Governance (including Cadbury, Greenbury and Hampel reports)
- German Corporate Governance Code
- International Corporate Governance Network
- National Association of Corporate Directors
- TIAA-CREF
Each of the above organizations were selected because of an executive compensation component and the organization’s expectation for independent directors to take the lead in this process.
