BOSTON, Feb 13 (Reuters) - Executive pay that is disproportionate to a company's past performance may also signal that poor returns are coming, according to a study set for release on Monday by shareholder activist group As You Sow.
The Oakland, California nonprofit found the average returns for the 100 S&P 500 companies it had previously identified as having the most questionable pay went on to underperform the index by 2.9 percentage points over a roughly two-year period ended on Jan. 31.
As You Sow flagged as "overpaid" a number of chief executive officers known for high compensation despite the mixed performance of their companies' shares over the period.
For example, http://webcenters.netscape.compuserve.com/news/story/0002/20170213/...
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
© 2024 Created by truth. Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network