It is reported that "many companies could face outcry over executive pay and board accountability during their annual shareholder meetings." (Wall Street Journal, 14 Feb 2011). But these emotional reactions will leave entrenched managements and their acolytes in the boards unmoved as they pocket their disproportionate 'Rewards'. Even worse, when shareholders (usually their lame fiduciaries among the institutional investor community) 'abstain' from voting through these 'compensation' awards they really fudge the issue rather than taking a (controversial) stand in defense of the interests of their clients and investors.
(14/02/2011)
I shared some D&O questionnaire considerations on The Proxy Season Blog in
early December that I thought would be worth distributing more widely here
since...
1 day ago
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