All very well to threaten further investor 'revolts' on executive pay. But apart from the fact that the 'investors' are really only fiduciaries the main question remains unresolved: When is pay 'excessive'? (24- Nov-2018)
Investors tell companies: curb excessive pay or expect more revolts
Yesterday, in McRitchie v. Zuckerberg (Del. Ch.; 4/24), Vice Chancellor
Laster confirmed that directors owe “firm-specific fiduciary duties” under
Delaware...
23 hours ago
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