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A new report finds S&P 500 CEOs earning 344 times more than the average S&P 500 employee -- and corporations benefiting from tax and accounting loopholes to the tune of $20 billion annually. The news may ruffle some feathers and disengage workers. Can HR help? By Louis Greenstein A scathing report claiming that U.S. CEOs are earning outrageous pay packages while corporations fleece taxpayers through corporate bailouts and loopholes in capital gains, deferred compensation, stock option accounting and other financial rules was issued Monday by The Institute for Policy Studies, a Washington-based independent center for progressive ...
is a partner in the Capital Markets and Securities Group at Paul, Weiss, Rifkind, Wharton & Garrison LLP. This post is based on a Paul Weiss client memo by Mr. Huntington, Mark S. Bergman , Lawrence I. Witdorchic and Frances Mi . Other memoranda on the corporate governance and executive compensation provisions of the Dodd-Frank Act by Forum contributors are available here (from Wachtell, Lipton, Rosen & Katz) and here (from Sullivan & Cromwell LLP); a chart summarizing those provisions by Forum contributors from Kirkland & Ellis LLP is available here . Additional posts relating to the ... Read More
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ANNUAL REPORT OF EXECUTIVE COMPENSATION
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