Board and Executive Compensation in S&P 500 [View article]
Jackooo...you are exactly correct. The companies send out proxies, etc., as a "feel good" exercise, not something that will result in any change of directors, management, etc. The mutual funds are not doing their jobs when they simply go along to get along with extreme compensation packages being set up by compensation committees. Any time a compny is losing money badly, but gives top executives major pay raises, something is wrong inside the management of the companies.
Board and Executive Compensation in S&P 500 [View article]