Pay referendum can drive value for shareholders

Lane, Marc J.
May 2007
Crain's Chicago Business;5/7/2007, Vol. 30 Issue 19, p18
The author comments on the issue regarding the compensation packages offered by public companies to their executives in the U.S. According to the author, corporate shareholders should have the legal right to weigh in on the compensation packages that are awarded to their top executives. However, critics fear that giving shareholders a voice in compensation decisions might empower activist investors to unfairly promote their social or political agendas.


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