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Professor David Yermack comments on a new report on executive compensation in 2016

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Excerpt from The Wall Street Journal -- "If ever there was going to be a good year for CEO pay, it was going to be 2016,” said David Yermack, a finance professor at New York University’s Stern School of Business who studies executive pay. ... Mr. Yermack said regular shareholder votes on executive pay have forced boards 'to do their homework' in better tying top-boss pay packages to performance."

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