BlackRock Wields Its Big Stick Like a Wet Noodle on C.E.O. Pay

For several years, Laurence D. Fink, chairman and chief executive of BlackRock, the money management giant, has been on a crusade, exhorting corporations to change their short-term ways. Executives should forgo tricks that reward short-term stock traders, he argues, like share buybacks purchased at high valuations. Instead, corporate managers should focus on creating value for long-term shareholders.

Read more in The New York Times

CEO PayAs You Sow