Read the fall 2009 issue of Research @ Smith.
In 1980, the average CEO’s compensation was about 42 times what the average worker was paid, and by 2007, CEOs received about 344 times the average worker salary. There’s a debate over whether this ballooning of executive compensation is a failure of corporate governance, evidence of abuse of power, or just a reflection of market forces -- that top CEOs must be paid top dollar, or they’ll take their (presumably irreplaceable) talents to other organizations. But how do companies arrive at these astronomical sums?
College Park, Md. – September 29, 2009 — The University of Maryland’s Robert H. Smith School of Business will offer the Directors’ Institute, an intensive two-day program to be held annually to address critical issues facing corporate boards. Stephen Wallenstein joined the Smith School to lead the institute. The inaugural program will be held April 7-9, 2010 in Washington, D.C.
Chicago – Sept. 21, 2009 – A new book, to be released in early 2010 by the University of Maryland’s Robert H. Smith School of Business, Sterling Commerce and the Council of Supply Chain Management Professionals (CSCMP), gives supply chain managers an innovative tool set for managing risk in today’s dynamic global marketplace. The book, “X-Treme Supply Chain Management: A Guide to Mastering Business Volatility,” will preview this week at the Annual Global Conference of the Council of Supply Chain Management Professionals in Chicago.
“This is the problem at hand, and it does need a solution,” said Sam Germaine, an associate at ETF Venture Funds who traveled from Philadelphia to attend the Robert H. Smith School of Business ThoughtLeadership@Smith series event on Executive Compensation and Public Policy on September 18.