Most hospitals are focusing on providing reasonable executive pay based on comparability data, according to this report detailing results of the executive pay component of a two-year IRS study of nonprofit hospitals.
(US Internal Revenue Service,
February 2009,
25 pages)
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A study of the frequently cited advantages of having a classified board of directors -- rather than one elected annually -- indicate that classified boards lack the positive qualities often attributed to them.
(Financial Analysts Journal,
January/February 2009,
13 pages)
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This article on Section 409A rules explains the limited relief available for nonqualified deferred compensation arrangements that are linked to qualified retirement plans.
(Journal of Pension Benefits,
Winter 2009,
7 pages)
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When examining the factors contributing to galloping executive compensation, limiting research to pay data of the past 30 years skews results, this study concludes.
(CESifo Economic Studies,
November 2008,
32 pages)
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For directors, ending tenure with the board means more than saying goodbye, this article explains. Typical D&O insurance may not afford directors adequate protection against liability, and departing board members should obtain additional protection.
(Risk Management,
January/February 2009,
3 pages)
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For the company considering an option exchange, or repricing, program to cope with underwater stock options, this article presents a concise list of factors to consider before launching such a program.
(Mondaq Business Briefing,
January 28, 2009,
3 pages)
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Noting that board compensation committees are facing increased scrutiny, especially in the current economic downturn, this article recommends ways boards can reduce risk and fulfill their responsibilities.
(National Association of Corporate Directors Director's Monthly,
January 2009,
3 pages)
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A framework for conducting executive compensation risk assessments is provided in this article. It lists examples of executive compensation design features that may induce excessive risk taking.
(Corporate Governance Advisor,
January/February 2009,
4 pages)
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"...[An internal audit report] has potential to complement existing governance disclosures, increase stakeholder confidence in governance quality, and motivate internal audit diligence."
(Accounting Horizons,
December 2008,
14 pages)
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This article reviews how mutual funds have voted their proxies since the SEC enacted disclosure requirements in 2003. A guide for structuring proxy voting programs is also provided.
(The Investment Lawyer,
January 2009,
8 pages)
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Toolkits developed by Mercer experts are available to help you deal with particularly complex HR areas: HIPAA security and FLSA.
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