Sentences with phrase «paying independent directors»

The problem with paying independent directors this way is that there is little incentive for personal performance or company performance.

Not exact matches

Activist investors in both Canada and the US recently proposed — for Hess Corporation and Agrium Inc. — that their nominees to serve as independent directors on the companies» boards should receive incentive pay directly from the activist investors themselves, with the amount that tied to share price appreciation.

There were several arguments against this proposal (see here and here), but the proposal itself points to a disconnect between how independent directors are paid.

Fox, which already owns 39 percent of the European pay - TV group, had already put forward steps it would take to guarantee the independence of Sky News, such as funding it for 10 years and creating an independent board of directors.

LONDON The independent directors of pay - TV group Sky said they were withdrawing their recommendation of a takeover bid from Rupert Murdoch's Fox after U.S. cable company Comcast Corp trumped it with a 22 billion pound ($ 30.68 billion) offer.

The earnings report came three days after the bank's independent directors decided to initiate corporate pay clawbacks, following a six - month investigation into the scrutinized institution's retail banking sales practices.

When, towards the end of her career, she became information director at the Independent Broadcasting Authority, she was furious to find that her male deputy was paid more than her.

William Crowley, director of clinical research for Massachusetts General Hospital in Boston, observes that, although NIH's many programs to support training in clinical and translational research have been «spectacular,» the academy is now filled with well - trained translational researchers, all trying to land independent research grants just as the NIH pay line is plummeting.

ìWell, it was a big success with our independent retailers, helping them boost sales by offering an attractive display, and making their workload a little lighter as the display automatically feeds the next can to the front as customers make purchases.î ìWhen we saw that our investment in building a can rack system was paying off big in increased sales for our independent retailers, we set to work designing a similar system for our canned cat food products, î said Frank Hon, director of operations.

In its decision in the 2009 HudBay proceedings, the Ontario Securities Commission noted that an adviser's success - based compensation may adversely affect the ability of a board to rely on financial advice: «a fairness opinion prepared by a financial adviser who is being paid a signing fee or a success fee does not assist directors comprising a special committee of independent directors in demonstrating the due care they have taken in complying with their fiduciary duties in approving a transaction.»

It is a not - for - profit corporation funded by licensing fees paid by the condo management sector and governed by an independent board of directors.