In response to a growing demand for analysis of executive compensation, GovernanceMetrics International (GMI), a New York-based corporate governance research provider, says it is making its corporate compensation research available as a stand-alone product.
GMI's Summary CEO Compensation Reports and Pay Alignment Rankings (PAR) compare what companies pay their CEO with the total return the companies provide their shareholders. GMI covers 1,775 U.S. companies, including the members of the Russell 1,000, the S&P 500, the S&P mid-cap 400 and the S&P small-cap 600.
"In the last year, the interest in executive pay has just skyrocketed," says Howard Sherman, chief executive at GMI, who cites the misalignment of compensation and performance at a number of companies and the government's efforts to set guidelines for executive pay.
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