Director Pay Developments in Smaller and Private Companies

Richard, J. E.
March 1989
Directors & Boards;Spring89, Vol. 13 Issue 3, p35
Trade Publication
The article discusses the reasons behind the sudden developments of director pay in special-situation companies in the U.S. Accordingly, these developments are propelled by the need for more capable board members, the need for more independent outside directors and the need for more strategic orientation. Being selective has also contributed to the enhancement of board pay levels. In addition to these, it is likewise claimed that these companies are somewhat influenced by larger enterprises. INSET: Board Rewards in Special Situations.


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