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SPACs, ESG Issues Raise Responsibilities For Post-IPO Compensation Committees

SPACs, ESG Issues Raise Responsibilities For Post-IPO Compensation CommitteesDownload PDF

Going public means adding structure and formality to many areas of a company. Part of that structure includes forming a compensation committee with a clear charter, delineated responsibilities, and a calendar of actions.

The past year has added two areas of consideration to the committee-forming process, as well: nuances specific to special-purpose acquisition companies (SPACs), and nonfinancial metrics of environmental, social, and governance (ESG) concerns.

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