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Roberta S. Karmel, Centennial Professor of Law and codirector of the Center for the Study of International Business Law at Brooklyn Law School, writes that some institutional investors have been pushing for a shareholder vote on executive compensation. Giving shareholders a say in compensation matters would clearly change the balance of power between the board of directors and shareholders with regard to corporate governance on a key issue.
June 15, 2006 at 12:00 AM
1 minute read
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