House Considers Bill Over Shareholder Say In Pay
The committee heard from speakers who oppose and support H.R. 1257, the Shareholder Vote on Executive Compensation Act, which was introduced earlier this month by Rep. Barney Frank, D-Mass., and others. The legislation would require public companies to include a non-binding advisory shareholder vote on their executive pay plans in their annual proxies.
Introduced amid clamoring over executive...
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