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Old 06-15-2008, 10:55 PM
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JCL JCL is offline
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Because it suggests a breakdown in corporate governance. Yes, it is up to shareholders, but I don't think we can expect to see this information in the annual information circular. So, it is presented by AP, doing the job of the press. Certainly, variable compensation of CEOs has proven to be somewhat inelastic with respect to corporate performance. It is news now because as the economy turns, pay packages are not following suit.

As to it being the interest of the nation's, perhaps a non-binding vote of shareholders on executive pay packages, as described in the article, would have some effect.
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