Regarding changes in the makeup of audit and compensation committees, Alan Bromberg, professor of corporate and securities law at Southern Methodist University in Dallas, said, " I think it's a positive move toward more objective management and maybe more respect for shareholders and their judgment".
At the other end, Patrick E. White at Wabash College in Indiana earned $239,207, about twice the average professor's compensation at the college.
"Should you sell the stock before that time, you'll have to treat the gain as compensation, or ordinary income," Professor Colabella said.
Lester Brickman, a law firm compensation expert and a professor at the Benjamin N. Cardoza School of Law, agreed that the personal-injury fees could contribute to a bump-up in Mr. Cochran's net worth.
But David Lewin, a compensation expert and management professor at the University of California, Los Angeles, said he viewed the perks as part of a growing effort by American business to reward people with time and peace of mind instead of more traditional financial tools, like stock options and bonuses.
All of which leads to an interesting question: If a faculty member's effectiveness can't yet be measured at most schools, do we subject what we can calculate -- say, a professor's compensation -- to greater scrutiny?
The Chronicle noted the typical private college president earned 3.7 times the compensation of a full professor on his or her campus - ranging from Patrick White of Wabash College in Indiana, who earned twice the pay of his average professor, to Kevin J. Manning of Stevenson University in Maryland, whose total compensation of $1.49 million was 16 times greater.
Because he was a system head, the survey did not provide a comparison of his compensation and that of professors.
"She should first look at factors that drive high tuition rates, such as the exorbitant salaries and compensation packages that many professors and administrators receive," the release said.
"North Korea's overall attitude to Japan has not changed: they want a total apology and compensation," Tetsuo Maeda, a Tokyo International University professor of arms control, said today after returning here from his sixth visit to North Korea.
The legislative body is the Missouri House of Representatives, which voted, 102 to 29, to cut a hundred thousand dollars from the university's appropriation — an amount roughly equivalent to Professor Mirkin's compensation — after a story about his work appeared in the Kansas City Star.
