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National Post (Latest Edition) - Financial Post Magazine - - CONTENTS - by Andy Hol­loway

Maybe CEOs should get paid for per­for­mance, or maybe we should be care­ful about what we wish for.

Ex­ec­u­tive com­pen­sa­tion is al­ways a touchy topic. Pub­lic com­pa­nies aren’t thrilled to post the num­bers, though it’s re­quired that they do so, and those num­bers can be fairly em­bar­rass­ing when golden para­chutes flare up, es­pe­cially for those ex­ec­u­tives who by most met­rics just didn’t do their job par­tic­u­larly well.

Crit­ics have long ar­gued that there isn’t a clear re­la­tion­ship be­tween CEO com­pen­sa­tion and any mea­sure of cor­po­rate per­for­mance, which has led to the rise of say-on-pay res­o­lu­tions that give share­hold­ers a chance to ap­prove or dis­ap­prove of ex­ec­u­tive pay pack­ages.

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