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Matching market pay to grants captures more pay for performance
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Matching market pay to grants captures more pay for performance
Stephen F. O’Byrne, the President of Shareholder Value Advisors Inc., examines his intriguing research related to improved measures of pay for performance U.S. companies now report a five-year history of Pay versus Performance in their proxy statements. The report has three highly informative disclosures: mark-to-market (MTM) pay for the CEO, company shareholder wealth, and peer company shareholder wealth. Still, it’s missing a critical piece of…
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