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Prevalence and Design of Executive and Director Stock Ownership Guidelines Among the Top 250 Companies (PDF)
FW Cook
Oct. 26, 2009 21 pages. Excerpt: The past year may prove to be another important year in the evolution of stock ownership guidelines and their prevalence among the Top 250 companies. The dramatic market decline has once again refocused investor attention on reinforcing alignment of interests between executives and directors and long-term shareholders. In addition, the fall in stock prices has affected executives' and directors' abilities to comply with stock ownership guidelines, encouraging companies to reexamine their policies. As presented in this report, the Top 250 companies commonly employ value-based ownership guidelines under which the number of shares required to be owned fluctuates based on changes in stock prices. MORE >> |
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