In an increasingly global and connected economy, this recent Pearl Meyer Quick Poll sought input on how boards and their management teams evaluate and deploy strategies for the treatment of foreign currency (FX) in their short- or long-term incentive compensation plans.
Fifty-six respondents (80% management and 20% directors) provided input to our survey. One-third of reporting companies conduct between 26 and 50% of their business outside the U.S. and 37% conduct more than half of their business outside the U.S. Seventy-three percent of the companies are publicly held and more than half are hedging foreign currency risk on a regular basis as a business strategy.
In this summary, we include key findings and recommendations, as well as detail on the survey results.