Executive compensation in excess of $1 million: shareholder approval and corporate waste.
A careful decision making process is needed when considering whether to forgo the shareholder approval needed to permit compensation to be tax deductible or to deviate from an established plan. [It] should include adequate investigations of costs and benefits and should be thoroughly documented.
Kaderabek
L M
LM
Quinlan
W J
WJ
D000288:Administrative Personnel / Q000191:economics*; D003659:Decision Making, Organizational; D004465:Economic Competition; D004649:Employee Incentive Plans / Q000331:legislation & jurisprudence*; D007183:Income Tax / Q000331:legislation & jurisprudence; D007221:Industry / Q000191:economics*; D007449:Investments; D012456:Salaries and Fringe Benefits / Q000331:legislation & jurisprudence*; D014481:United States