Shareholders to be given 'binding votes' on executive pay

July 2012
Employers Law;Jul/Aug2012, p5
Trade Publication
The article reports on the decision by the British government to give shareholders binding votes on executive pay and exit payments as part of reforms of the framework for corporate directors' pay.


Related Articles

  • Shareholders could get binding vote on top pay. Tolley, Steve // Money Marketing (Online Edition);3/14/2012, p5 

    The article reports that the British government has proposed giving shareholders a binding vote on executive pay. It is stated that the Department for Business Innovation and Skills has published a consultation which suggests giving shareholders an annual binding vote on executive pay as well as...

  • Financial Characteristics, Corporate Governance and the Propensity to Pay Cash Dividends of Chinese Listed Companies. Chen Litai; Lin Chuan; Yong-Cheol Kim // International Business & Management;2011, Vol. 3 Issue 1, p176 

    Employing 1056 A-share listed companies in Shanghai and Shenzhen Stock Exchanges from 2001 to 2007, we analyse empirically the influence of financial characteristics and corporate governance on propensity to pay cash dividends of companies. The result shows that in the related indexes of the...

  • MASSEY ENERGY BOARD RESPONDS TO SHAREHOLDER PROPOSAL.  // Coal Age;Nov2004, Vol. 109 Issue 11, p12 

    Reports on the decision of the board of directors of Massey Energy Co. not to approve a shareholder proposal on severance agreements with senior executives concerning benefits, as of November 2004. Terms of the proposal; Concerns of the board regarding its mandatory limitations on the...

  • Reaching for Votes. Hall, Steven E. // NACD Directorship;Dec2010/Jan2011, Vol. 36 Issue 5, p73 

    The article discusses how corporate boards are to address the issue of executive compensation programs with shareholders. It states that new federal regulations regarding this matter will take effect on January 22, 2011 and that to conform to these mandates and satisfy shareholders, it would be...

  • Home Depot Lessons.  // NACD Directorship;Jul/Aug2006, Vol. 32 Issue 7, p10 

    The article reports on the dispute between directors and shareholders at the annual meeting of Home Depot which resulted to a lawsuit filed against the directors of the company. The point of contention which focused on the issue of CEO compensation is explained. The lesson that can be learned...

  • Agency Problem and Expropriation of Minority Shareholders. Boon Leong Lim; Siew Hwa Yen // Malaysian Journal of Economic Studies;2011, Vol. 48 Issue 1, p37 

    Controlling shareholders who are normally also the executive directors tend to set their own levels of remuneration as a means of expropriating minority shareholders. This study tests the relationship between ownership concentration and executive remuneration, using panel data for a sample of...

  • GALLERY UPS BOARD PAY. Wagner, Holly J. // Home Media Retailing;6/19/2005, Vol. 27 Issue 25, p40 

    Reports on the decision of Movie Gallery shareholders to increase the wages of the company's directors. Amount to be given to directors per year; Range of other payments that will be allotted for attending meetings.

  • Five Reasons to Support Shareholder Primacy. Elson, Charles M. // NACD Directorship;Apr/May2010, Vol. 36 Issue 2, p63 

    The article discusses the reasons why shareholder primacy should be supported. The author highlights the implications of failure to prioritize the interests of shareholders' interests which he believes will drive away investors and capital. He asserts the role of shareholder primacy as the key...

  • The Directors & Boards Survey: CEO and Executive Compensation 2009. Ferracone, Robin; Gershkowitz, Todd // Boardroom Briefing;Spring2009, Vol. 6 Issue 1, p43 

    The article presents the result of the 2009 Directors & Boards Chief Executive Officer (CEO) and Executive Compensation Issues and Governance Survey, co-sponsored by Farient Advisors LLC and " Directors & Boards Magazine." The survey indicated that salary is an important issue to the directors,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics