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MCI Report Suggests New Standards In Executive Compensation Governance (PDF)
FW Cook 
Sept. 24, 2003 11 pages. Excerpt: While the report and recommendations are directed specifically at WorldCom (MCI), they are expected to have broad applicability to the U.S. business community at large. Several recommendations are highly controversial and are not likely to find general favor – namely 10-year term limits for directors, separating the Chairman and CEO positions, changing accounting firms every 10 years, and a prohibition against stock options. MORE >> |
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