Fred Business News - The average rate of pay for top executives came down last year though CEOs at larger companies received substantial raises, according to a study released Thursday.

 

The Corporate Library, an independent corporate governance research firm, surveyed compensation data from 614 small and mid-sized U.S. companies based on SEC documents filed in the first quarter of 2008.

 

Overall, the median rate of increase in CEO pay for all companies in the study was 5%, which is down from nearly 13% the year before, and marks ...   more »