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That only one of 20 unicorns disclosed executive compensation figures beyond the minimum required by law.
The company has not yet released executive compensation figures for 2008.
Executive compensation figures include salary, bonuses, stock and stock options, and some reward for past performance.
When Congress first required U.S. corporations to start reporting their executive compensation figures in 1934, it provoked a huge corporate backlash.
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First, Equilar, the compensation analytics firm in Redwood City, Calif., provided figures on executive compensation in 2014 at a number of the nation's largest companies.
We find that a 10% export shock leads to a 2% increase in executive compensation (left column of Figure 3).
Another flash point was Mr. McCardell's compensation package, which included a $1.5 million signing bonus and a $450,000 annual salary — astronomical figures for executive compensation then but modest ones by today's standards.
Lucian A. Bebchuk, a professor at Harvard Law School and expert on executive compensation, called the 2008 bonus figure "disconcerting". Bonuses, he said, are meant to reward good performance and retain employees.
Design Executive Compensation to Incentivize Long-Term Results.
How the Pay Figures Were Calculated TO measure executive compensation, Money & Business studied 200 large public companies that had filed proxies for their 2000 fiscal year by March 27.
But the Equilar figures also hint at the myriad ways executive compensation is as tailored as a bespoke suit.
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