Description
Book SynopsisIn this timely book, Kym Sheehan examines the regulatory technique known as ‘say on pay’ – where shareholders vote on executive compensation in an annual, advisory vote on the remuneration report.
Trade ReviewFor those that believe executive remuneration in the UK and Australia is too high and poorly aligned with company performance, this book provides an excellent analytical framework and strong arguments in favor of greater shareholder oversight of remuneration practices and pay levels. It is well-written, carefully argued and persuasive in its treatment of the subject. I wholeheartedly recommend it.
--- Randall S. Thomas, Vanderbilt University Law School, US
Table of ContentsContents: Preface 1. Greed, Accountability and Say on Pay 2. The Regulated Remuneration Cycle 3. Institutional Investor Rule Making 4. Remuneration Committees 5. UK Remuneration Practice – Best Practice? 6. Australian Remuneration Practice – Best Practice? 7. Disclosure 8. Shareholder Voting 9. Limits of Institutional Shareholders as ‘Regulators’ of Executive Remuneration 10. The Advantages and Limits of Say on Pay as a Regulatory Technique Bibliography Index
