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  "documentTitle": "Huntsman Corporation (HUN)",
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  "presentationDate": "2022-02-28 00:00:00",
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      "kind": "callout",
      "text": "Huntsman has the most skewed payout structure, favoring higher payouts",
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      "text": "Most Proxy Peers are balanced",
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      "text": "Huntsman has the most skewed payout structure, meaning management gets rewarded significantly more for outperformance than they are penalized for the same underperformance.",
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      "text": "Measure of Annual Cash Bonus Payouts Skewness",
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      "text": "Source: Public company filings. Note: Excludes RPM and WLK as they do not have a threshold / target / maximum payout structure. (1) EPS metric. (2) EBIT metric. (3) Free cash flow metric.(4) Calculated as (100% less minimum percentage) divided by (maximum percentage less 100%). For example, Huntsman is calculated as (100% less 75%) / (104.5% less 100.0%).",
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      "text": "Highly Skewed (Bad for Shareholders) / Balanced (Good for Shareholders)",
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      "text": "Annual Cash Bonus Payout Skewness: 5.6x",
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      "text": "Relative to Proxy Peers, Huntsman has the most lopsided payout structure, allowing management to easily earn rewards for minor outperformance while facing less severe penalties for similar underperformance.",
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      "text": "Huntsman's Annual Cash Bonus Structure is More Skewed Than Proxy Peers, Favoring High Payouts",
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