Abstract

Say on pay is nowadays a generally accepted corporate governance tool to address excessive executive pay practices. Whereas controversial say-on-pay resolutions are seldom defeated in AGMs, they can face significant minority shareholder opposition. Recently, several countries amended existing say-on-pay rules to attach various legal consequences to significant minority shareholder revolt. This article discusses the desirability of new rules in the UK, Australia and the Netherlands from a legal and practical perspective.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.