Corporate Governance » For Shareholders, CEO Pay Is A Big Yawn

For Shareholders, CEO Pay Is A Big Yawn

May 18, 2015

business lady analysing graphs

In the five years since the Dodd-Frank law mandated say-on-pay shareholder votes, average CEO pay has risen by an average 12 percent a year. New York Times columnist Gretchen Morgensen looks at the dynamic and why the results of say–on–pay have been so different from what its proponents expected. A soaring stock market gets much of the credit, but there are other reasons, as well. She also takes a look at some companies with highly compensated executives where shareholders did express disapproval, and finds the vote had little or no consequence.

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