A few years ago there was no such thing as a "lead director" on a public board. Typically the Chairman ruled board proceedings and set the agenda. But when the... read more →
In two recent NY Times articles the issues of stock option size and timing were brought to the forefront. In numerous cases, large stock option grants were given to certain... read more →
Economists are actively debating whether the US is headed for an economic recovery or a double dip. For CEOs in the lodging industry, 2009 was one of the worst operating... read more →
If the role of the board is to promote the best interests of a company, then the role of the nominating/governance committee is absolutely critical. The quality and commitment of... read more →
If there has been any positive effect to the recent debacles in the world of corporate governance (Tyco, Enron, Adelphia, Worldcom) it is that Wall Streeter's and Shareholders have become... read more →
On November 17, 2008, Goldman Sachs CEO Lloyd Blankfein, announced that Goldman executives were giving up their bonuses. In the days following, many troubled financial firms including Citigroup, Morgan Stanley... read more →
In the last year, numerous cases of backdating stock options have come to light. Apple has been the most high profile company to be embroiled in the scandal. Apple CEO,... read more →
Our annual report is a synopsis of Chief Executive Officer and Chief Financial Officer compensation in the U.S. gaming industry. Although the report is geared towards board directors and compensation... read more →
Professor Robert Frank is up to his old tricks. In his recent New York Times article, "Hey Big Spender: You Need a Surtax", he proposes new taxes on the top... read more →
I was always skeptical of my economics professors at Cornell. I simply did not understand their jargon and apparent lack of practical realities. I despised the 'bell curve' and its... read more →