Tally Sheets

The WSJ today reports a new development in executive compensation -- the use of "tally sheets" also known as "holy cow" sheets.  With a tally sheet a board compensation committee adds up all the executive compensation items and comes to a total amount.  The practice should have been routine best practice for years, of course, and the fact that it has not been routine for all companies is evidence of a total failure of accountability on a grand scale.  How can a compensation committee be said to operate responsibly at all when it does not tally a compensation package?  No court should sanction such an abdication of responsibility (whatever the language of the test).  One hopes that the Delaware Supreme Court in Disney will say something on this.