Executive Compensation 
Companies Pressed on Policies to Clawback Executive Pay(0)
When financial results aren’t what they seemed to be – and a company is forced to issue material financial restatements – how does it recoup the incentive pay and bonuses that were awarded to senior managers on the basis of rosier outcomes? It’s not a simple process, as evidenced by reactions to a provision in the newly-enacted Dodd-Frank financial reform legislation.
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Financial Reform Bill Leaves Proxy Access Rules with SEC
After days of intense political drama, House and Senate negotiators on the financial reform bill agreed to toss a key shareholder governance issue — proxy access — back to the Securities and Exchange Commission.
Politicizing the Board: Directors Face Powerful Pressures
Serving as a corporate board director will soon become more similar to serving as a county commissioner or city assemblyman than serving on a traditional for-profit corporate board, and as a result some directors may choose not to serve, according to a leading U.S. corporate governance expert.
Senate Bill Changes Rules for Boards, Executive Pay
The bill, which passed the Senate by a vote of 59-39, requires directors to win by majority vote in uncontested elections, gives the SEC authority to grant shareholders proxy access to nominate directors and gives shareholders the right to a nonbinding vote on executive pay. The measure must be reconciled with a House bill.
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- Beauty and the CEO: Looks Matter (Seriously)
- Motorola Shareholders Disapprove of CEO Pay
- Businesses Link Sustainability Objectives to Executive Pay
- Say-on-Pay Shareholder Votes Gain Momentum
- Bank of America Settles With SEC as NY AG Brings New Charges
- VIDEO:Morgan Stanley Chair Says Regulation Is #1 Issue