Who Should Actually Have Say on Pay?
Harvard Business Review
MAY 30, 2013
At 74% of the 1,471 companies that have voted so far in 2013, according to Equilar''s say-on-pay tracker , the "yes" percentage exceeded 90%. Only 31 companies (2%) have gotten sub-50% no-confidence votes in 2013. But it''s far from clear that professional money managers have what it takes to play the role of effective watchdog.
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