How the Tax Act Upsets the Board/Executive Compensation Committee Dynamic

Overview


Michael Peregrine and Ralph DeJong wrote this bylined article about what they called the “enormous consequences” for tax-exempt hospital senior executive compensation due to the new Tax Cuts and Jobs Act provisions that place an excise tax on executive compensation and benefits. “From a corporate governance perspective, the significance of these new provisions carries the potential for recalibrating the relationship between the board and its executive compensation committee,” the authors wrote.

This article also appeared in additional Bloomberg BNA publications including Daily Report for Executives, Compensation Planning Journal, Daily Tax Report, Tax Management Weekly Report and Corporate Law & Accountability Report.