Document Type
Article
Publication Title
University of Cincinnati Law Review
Publication Date
1999
ISSN
0009-6881
Page Number
1021
Keywords
executive compensation, corporate governance
Disciplines
Commercial Law | Law
Abstract
During the last decade, the stratospheric increases in Chief Executive Officer (CEO) pay levels have made executive compensation a popular target for shareholder activism, particularly when high pay is accompanied by poor corporate performance. Outraged investors have made their views know to corporate boards of directors using shareholder proposals, binding bylaw amendments, "Just Vote No" campaigns, and other activist efforts. As institutional and other shareholders have attempted to monitor board decisions, the question remains: Have their efforts been successful in influencing executive compensation?
Recommended Citation
Randall Thomas and Kenneth J. Martin,
The Effect of Shareholder Proposals on Executive Compensation, 67 University of Cincinnati Law Review. 1021
(1999)
Available at: https://scholarship.law.vanderbilt.edu/faculty-publications/963