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Dodd-Frank's Say on Pay: Will It Lead to a Greater Role for Shareholders in Corporate Governance?
(Cornell Law Review, 2012)
"Say on pay" gives shareholders an advisory vote on a company's pay practices for its top executives. Beginning in 2011, Dodd-Frank mandated such votes at public companies. The first year of "say on pay" under the new ...
Executive Compensation in the Courts: Board Capture, Optimal Contracting, and Officers' Fiduciary Duties
(Minnesota Law Review, 2011)
This Article proposes a new approach to monitoring executive compensation. While the public seems convinced that executives at public corporations are paid too much, so far attempts to rein in executive compensation have ...