Report: Indian firms need better executive-pay governance

02/14/2012 | Economic Times (India), The

Indian CEOs are paid less, dollar-for-dollar, than their Western counterparts but are equitably compensated in terms of purchasing power, according to a PricewaterhouseCoopers study. That's not necessarily good news: The study also notes that Indian firms lack effective oversight of executive pay, typically letting CEOs determine executive salaries.

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Economic Times (India), The

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