For people who were blown away to learn recently that the 11 largest global pharmaceutical companies made an astonishing $711 billion in profits over the last decade, here's another measure of the industry's greed.
WASHINGTON -- Companies in the Fix the Debt coalition, which advocates for federal austerity policies, qualified for $1 billion or more in tax breaks ...
The private sector should be held to the same standard of scrutiny that the government itself receives from the people, and corporate governance should be as much a matter of public debate and law as political governance.
The high pay for those at the top does not come out of the air; it comes from everyone else's paycheck. There is no single policy that would reverse this enormous upward redistribution of income, but reining in CEO pay has to be an important part of the story.
-- Macy's gave its chief executive Terry Lundgren pay package worth $11.3 million in 2012. That's down 22 percent from 2011 as he failed to meet all ...
-- The CEO of Sears Holding Corp. received a compensation package worth nearly 90 percent less in 2012 than the prior year.
Louis D'Ambrosio's becam...
Bank of America says chief executive Brian Moynihan received a 2012 compensation package worth $7.4 million, down slightly from the prior year, accord...
NEW YORK -- PepsiCo gave CEO Indra Nooyi a pay package worth $12.6 million last year, down 11 percent from the previous year, as the soda-and-snack fo...
While in theory the system pays people for responsible decision-making, in practice it rewards executives for generating outsize returns even at the expense of the company's future.
Mary Jo White is touted as a former tough prosecutor with the ability to police Wall Street. She is at the top of her profession, with experience as a leading corporate defense attorney. And it is this very experience that raises questions as to whether she can and will do the job.
Leadership is learned behavior that becomes unconscious and automatic over time. For example, leaders can make several important decisions about an is...
LONDON (Reuters) - Royal Bank of Scotland chairman Philip Hampton has defended the bonus due to be paid to chief executive Stephen Hester even though...
(Reuters) - Morgan Stanley Chief Executive Officer James Gorman received lower compensation for 2012 after profits declined but the bank showed progr...
Congress continues its trend of dysfunction and paralysis even as many CEOs are making unprecedented money for delivering poor results. It's a paradox: why do we let failed leaders stick around well beyond their expiration dates?