- Seth Bornstein – AP: “David Simon of Simon Property received a pay package worth more than $137 million for last year, and the typical CEO took home $9.6 million, according to an analysis by The Associated Press.”
- “Top U.S. public companies made only modest increases to CEO pay levels in 2011, despite strong company profitability, according to results from The Wall Street Journal/Hay Group 2011 CEO Compensation Study released [May 21, 2012]. The Wall Street Journal partnered with Hay Group for the fifth year on its annual study, which examined how large company CEOs were compensated across all forms of pay in fiscal year 2011. After seeing CEO pay jump a marked 11 percent in 2010, total direct compensation grew by only 2.8 percent in 2011 to $10.3 million. Base salaries grew 1.5 percent to $1.2 million, while annual incentive payments were flat at $2.3 million, yielding no increase in overall median cash compensation at $3.6 million. For the second year in a row, long-term incentives (LTI) increased, growing 5.5 percent to $7 million. Company performance, on the other hand, was mixed. The median company included in Hay Groups study showed a 13 percent increase in net income from 2010, but only a modest 3 percent total shareholder return (TSR).”
- Related postings on the financial system
Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002
Daily Archives: May 24, 2012
Disappearing Phone Booths – Privacy in the Digital Age
Disappearing Phone Booths – Privacy in the Digital Age, by Erica Newland, May 2012 “I will…explain why the confluence of at least four circumstances (1) digital ubiquity, (2) the increasing number of parties that take part in our daily transactions, (3) the commodification and monetization of data, (4) and woefully out-of-date privacy laws … Continue Reading
New GAO Reports – Bureau of the Public Debt, IT at HUD, IT Reform, Uranium Mining
Bureau of the Public Debt – Areas for Improvement in Information Systems Controls, GAO-12-616R, May 24, 2012 Information Technology – HUD’s Fiscal Year 2011 Expenditure Plan Satisfies Statutory Conditions, GAO-12-654, May 24, 2012 Information Technology Reform – Progress Made; More Needs to Be Done to Complete Actions and Measure Results, GAO-12-745T, May 24, 2012 Uranium… Continue Reading
Report – Condition of Education 2012
The Condition of Education (COE) is a congressionally mandated annual report, from the National Center for Education Statistics (NCES), that summarizes important developments and trends in education using the latest available statistics. “Only 16 percent of high school students were employed in 2010, compared to 32 percent in 1990….The report looks at how high school… Continue Reading
UN – World Urbanization Prospects, the 2011 Revision
World Urbanization Prospects, the 2011 Revision, April 2012 “Africa and Asia together will account for 86 per cent of all growth in the worlds urban population over the next four decades, adding that this unprecedented increase will pose new challenges in terms of jobs, housing and infrastructure. Africas urban population will increase from 414 million… Continue Reading
Gulf Kaleidoscope: Reflections on the Iranian Challenge
Gulf Kaleidoscope: Reflections on the Iranian Challenge, by Jon B. Alterman, May 21, 2012 “As the world works to prevent Iran from developing a nuclear weapon, there is widespread agreement on what failure looks like. Understanding alternative outcomes and ways to accomplish them can help prevent the worst outcomes from coming to pass…This volume is… Continue Reading
World Bank Group Finds over 80 percent of Investment Promotion Agencies Efforts Falling Short
News release: “Even as countries compete to attract investments, 80 percent of national investment promotion agencies are failing to respond to investor inquiries in the key sectors of agribusiness and tourism, according to the World Bank Groups Global Investment Promotion Best Practices 2012 report. The report assessing 189 economies responsiveness to investors finds that investment… Continue Reading
New Paper – Unveiling the Revolutionaries: Cyberactivism and Women's Role in the Arab Uprisings
“Over the course of 2011’s momentous Arab Spring uprisings, young women in Egypt, Tunisia, Libya, Bahrain and Yemen used social media and cyberactivism to carve out central roles in the revolutionary struggles under way in their countries, according to a new study commissioned by Rice Universitys Baker Institute for Public Policy. The study, Unveiling the… Continue Reading
