The Executive Compensation White Papers page displays practitioner white papers on current executive compensation topics. To suggest a white paper for inclusion, please email a copy to firstname.lastname@example.org.
Evaluation of Dodd-Frank Act Executive Compensation Provisions Using IDEC Project Principles
By Don Delves
The Dodd-Frank Act is a sweeping piece of legislation that has major implications for executive compensation and the role of the compensation committee. The Act has significant positives and negatives. To better understand its potential impact, this paper evaluates key provisions of the Act according to the principles developed by the Independent Directors Executive Compensation (IDEC) project.
Reviving Bank Equity Compensation Programs: Drowning in Underwater Stock Options
By Don Delves & Vladan Jovanovic
The collapse of the stock market and bank stock prices has affected more than the market capitalization of financial institutions and the portfolio values of shareholders. Falling prices have also made bank equity compensation programs ineffective at best.
Director Liability for Executive Pay
By Don Delves
Prior to the WorldCom case, most directors assumed that so long as their actions were executed in good faith, the business judgment rule could shield them from any personal liability. Although the rule is sill pertinent to determining directors’ liability, it is important to understand the legislative requirements regarding executive compensation, as well.