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BOARD of DIRECTORS' RESOLUTION CHANGING OFFICERS' SALARIES  Form

BOARD of DIRECTORS' RESOLUTION CHANGING OFFICERS' SALARIES Form

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hello and welcome i'm ben i'm a finance professor and today we're going to talk about the board of directors so if the ceo of a firm answers to anyone it's the board of directors so we're going to talk about the roles the board of directors play what a typical board looks like and how much board members make first regarding the roles a big part of the board director's job has to do with the ceo so the board needs to hire the right ceo that's the first thing they need to do they need to incentivize the ceo in a way that's consistent with maximizing shareholder value the ceo's job is to increase share price increase firm value make the shareholders better off the board needs to incentivize them to do that a long time ago there was something called pay for pulse and it means that ceos are going to get huge payouts so long as they stay in the job and stay alive and have a pulse around 2006 that changed so after 2006 fo

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