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IRS exempt organizations hospital study: Exec comp

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) More  | Article 

Classified boards and strategic risk taking

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) More  | Article 

Squeezing the vise: Impact of Code Section 409A

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) More  | Article 

Twentieth century executive compensation trends

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) More  | Article 

Post-service director liabilities

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) More  | Article 

Stock option exchange programs: Issues to consider

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) More  | Article 

Executive pay oversight in an economic crisis

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) More  | Article 

Conducting compensation risk assessments

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) More  | Article 

Improving transparency: Internal auditor reports

"...[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) More  | Article 

Recent developments in mutual fund proxy voting

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) More  | Article 


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