"Say-on-pay" proxies in the banking industry

Yahr, Michael A.
May 2013
Journal of Management & Marketing Research;May2013, Vol. 13, p1
Academic Journal
This article explains the advent of so-called say-on-pay advisory voting; discusses criteria for shareholder assessment of compensation plans; and examines nascent advisory voting results in the largest institutions of the commercial banking industry. Only two of the sampled twenty banks saw advisory votes of less than 80 percent so far in 2012, and only one experienced a "failed" vote. Possible reasons for the two outlier votes are presented.


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