It comes as no surprise that directors and investors disagree over whether executive pay is tied closely to performance. But the degree to which these two parties are at odds over pay is greater than one might imagine, according to a survey by Towers Watson.
The survey picked the brains of a rather small sample — 120 corporate directors and just 30 institutional investors. But it went into detail about their attitudes regarding executive pay, say-on-pay policies and pay vs. performance. The separation between the parties came through loud and clear as the questions became more specific.