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Publication

Executive Pay: Conflicts of Interest Among Compensation Consultants

House Committee on Oversight and Government Reform
Abstract
The Committee on Oversight and Government Reform investigated whether compensation consultants hired by large publicly traded companies meet the standard of independence to prevent conflicts of interest. The report states that consultants hired by corporate executives to administer employee benefit plans or to provide other services to a company may not be able to provide objective advice about the compensation of the executives who hire them. The report examined executive compensation services and other services provided to the 250 largest publicly traded companies. The report finds that compensation consultant conflicts of interest are widespread.
Date
2007-12-05
Document Type
House Majority Staff Report
Serial Number
Document Length
13 pages
Congress
110
Relation
DOI
Keywords
Staff Reports
PAP Major Code
5: Labor and Employment
PAP Minor Code
503: Employee Benefits
Related Hearings
Press Releases and Contextual Information
https://web.archive.org/web/20080430214943/http://oversight.house.gov/story.asp?ID=1643