Resources and Advisory Services If you're an investor that wants to turn around an underperforming portfolio company, then TAI is for you. Management listens to The Activist Investor.
Last week we accused the Wall Street Journal of "abusing statistics" in its extensive feature on CEO pay, "CEO Pay Moves With Corporate Results". The article elicited a lot of correspondence and comment from the activist investor community.
It also prompted some interesting dialogue with the WSJ. We thought it helpful to explain to you what they explained to us. As it turns out, the WSJ may have a valid point about the relationship of CEO pay to corporate performance, but they made it rather poorly.
We recap the issue, and give the WSJ some credit, in our current blog post.