The most prevalent shareholder proposal in 2007, according to Institutional Shareholder Services, was for shareholders to have an annual advisory vote on executive compensation. Governance experts anticipate increased interest in “say on pay.” ... A few prominent US companies have chosen to adopt “say on pay” policies, and—as we saw with majority voting —it may pave the way for other companies.
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08-0370-A-Current Developments for Directors 2-28.indd)
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