Executive Compensation and the Utility of Peer Groups
By Marcel Bucsescu, Manager, The Conference Board Governance Center
Charles Elson, Craig Ferrer, & Ira Kay
On Friday, January 18, The Conference Board Governance Center is hosting a debate between Prof. Charles Elson and Craig Ferrer of University of Delaware’s John L. Weinberg Center for Corporate Governance and Ira Kay of Pay Governance LLC. The debate will be moderated by Jim Barrall of Latham & Watkins.
Based on Professor Elson’s and Mr. Ferrere’s recent paper, “Executive Superstars, Peer Groups and Over-Compensation – Cause, Effect and Solution” and Mr. Kay’s book, “Executive Pay At a Turning Point“, the panel will debate their differing perspectives on executive compensation, including the role of peer groups and answer the question, “Are CEOs Compensated Appropriately?”
In advance of the program, the following materials are being provided:
From Prof. Elson and Mr. Ferrere
- Executive Superstars, Peer Groups and Over-Compensation – Cause, Effect and Solution
- C.E.O.’s and the Pay-’Em-or-Lose-’Em Myth (9/22/12 The New York Times)
From Mr. Kay
- Executive Pay At a Turning Point (Selected sections)
To read the complete book from Pay Governance, please click here.
The debate will be filmed and made available online approximately two weeks after the program. For more information and resources, please visit the program website at http://www.conferenceboard.org/directorroundtables/peergroups.
[…] On Friday, January 18th, The Conference Board Governance Center hosted a debate on Executive Compensation and the Utility of Peer Groups in collaboration with the University of Delaware’s John L. Weinberg Center for Corporate Governance. Latham & Watkins provided the venue for the program. […]