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The Nasty Truth about CEO Pay

Harvard Business Review

Every spring, the Wall Street Journal publishes a CEO Salary Report , using a Hay Group survey to break down compensation levels for the CEOs of the 350 biggest publicly traded US companies. Yes, the market is rebounding; the S&P 500 was up 13% over 2010. Black-Scholes Valuation based on stock price at issue. Stock Price.

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If the SEC Measured CEO Pay Packages Properly, They Would Look Even More Outrageous

Harvard Business Review

Each publicly listed company reports both ARG and EFV measures of the stock-based pay of its CEO in the proxy statement that it files with the SEC in advance of its annual meeting of shareholders. And, for reasons explained below, ARG tends to be significantly higher than EFV, especially when the stock market is booming.

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