American Banker: “Federal Regulators Must Tread Softly on Executive Pay”

“Executive compensation is an important issue,” writes John Alan James of Pace’s Lubin School of Business. “However, changing the longstanding structures of corporate law and the roles and responsibilities of bank boards would alter the long recognized role of elected board members to have sole responsibility for policy creation and implementation, including the compensation of corporate executives.”

“Executive compensation is an important issue,” writes John Alan James, executive director of the Center for Global Governance, Reporting and Regulation at Pace University’s Lubin School of Business. “However, changing the longstanding structures of corporate law and the roles and responsibilities of bank boards would alter the long recognized role of elected board members to have sole responsibility for policy creation and implementation, including the compensation of corporate executives.”

Read his op-ed on American Banker’s BankThink blog.

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