Steven Bank Quoted by L.A. Business Journal on Top-Paid Executives' Compensation Figures

Professor Steven Bank was interviewed by the Los Angeles Business Journal regarding L.A.’s top-paid executives in public companies who received an increase in pay last year amid stock market gains. Bank explained that stock awards are merely an estimate of value. “If you do well, you get that money; if you don’t do well, you may not get nearly as much; and if you don’t meet the minimum threshold, you get nothing.”

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