In the wake of the unprecedented global financial crisis, there has been a public outcry for greater accountability for executive compensation. This year, shareholders from more than 100 companies requested the right to vote on compensation paid to those companies' executives. These "say on pay" votes have gained more momentum as the year has progressed. Attorney Marjorie M. Glover examines the requirements of "say on pay" legislation and how it will impact companies and their executives.
'Say on Pay' Legislation Gains Momentum
Special to Law.com
September 15, 2009