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Saturday, Jun 9
2012, 9:05 AM
Corporate boards in the U.S. need to brace themselves for a mounting attack on executive...
Corporate boards in the U.S. need to brace themselves for a mounting attack on executive compensation in coming years, as Europe's current "shareholder spring" revolt makes its way across the pond. Anger in Europe is spreading over large payouts in the face of lackluster shareholder returns. People are fed up with paying ridiculous sums for bad performance. So far, it's been largely the banks on the firing line, as financial stocks have been pummeled by economic uncertainty and market turmoil.