The Dodd-Frank Act has made Say on Pay (SOP), the advisory vote on executive compensation a mandatory practice for publicly-traded companies. This required, but non-binding, vote on executive compensation will carry a great deal of weight in 2011, 2012 and 2013, for the majority of U.S. public companies.
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Say on Pay - The Great Game of 2011 - Let the Games Begin
The National Law Journal
March 21, 2011
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