The Daily Stat: Shareholder Campaigns Are Limiting CEO Pay

Are you having trouble viewing this email? If so, click here to see it in a web browser. HOME   |   BLOGS   |   THE MAGAZINE   |   BOOKS   |   AUTHORS   |   STORE RSS   |   Mobile AUGUST 3, 2010 Shareholder Campaigns Are Limiting CEO Pay Shareholder "vote-no" campaigns have resulted in single-year CEO pay decreases averaging about 38%, or some $7.3 million per overpaid CEO, according to research led by Fabrizio Ferri of New York University. The study, which is being presented at the American Accounting Association meetings this week, says shareholder campaigns have been highly effective at limiting stratospheric CEO salaries. Source: American Accounting Association Share Today's Stat: RELATED PRODUCT How Much Should an Executive Make? Harvard Business Review Article The government's attempt to rein in CEO pay ignites fierce debate: just how much are top executives really worth? This collection offers a variety of viewpoints. ADVERTISEMENT Follow the Stat: BEST SELLERS Guide to Persuasive Presentations HBR's 10 Must Reads: The Essentials Financial Intelligence Collection HBR's 10 Must Reads on Managing Yourself Guide to Better Business Writing PREVIOUS STATS Low-Cost Competitors Change Our Lives A Teacher's Value: $100 per Percentile Point Study Finds Plagiarism in Residency Applications Fatal Medication Mistakes Spike in July BlackBerry Market Share Falls in U.S. Older Consumers Will Drive Spending Beckham's Tout is a Boon for Lego Gay Couples Save More for Retirement Double-Major Grads Earn More The Wages of Boredom: Heart Disease Job Seekers, Take Note Whether you've been laid off or are considering a job change, HBR's Guide to Getting a Job will help ensure that your next move is the right one. Only $19.95. Buy now » UNSUBSCRIBE   |   UPDATE YOUR PROFILE   |   MORE EMAIL NEWSLETTERS   |   PRIVACY POLICY Was this email forwarded to you? If so, sign up to start receiving your own copy. ABOUT THIS MAILING LIST You have received this message because you subscribed to the "The Daily Stat" email newsletter from Harvard Business Review. If at any point you wish to remove yourself from this list, change your email address, or sign up for other email newsletters and alerts, please visit the Harvard Business Review Email Newsletter Preference Center. ADVERTISE WITH HBR This enewsletter is read by thousands of decision makers every day. Learn more about connecting your brand with this audience. Copyright © 2010 Harvard Business School Publishing, an affiliate of Harvard Business School. All rights reserved. Harvard Business Publishing | 60 Harvard Way | Boston, MA 02163 Customer Service: 800-545-7685 (+1-617-783-7600 outside the U.S. and Canada)