Topic
executive compensation
1,554 published works
Corporate & Financial Weekly Digest
ISS Publishes Proposed Changes to Proxy Voting Policies
On October 18, Institutional Shareholder Services (ISS) published for comment proposed changes to its proxy voting policies for 2012. ISS’ proposed policy updates for 2012 include the following: Board and…
Corporate and Securities Law
ISS Signals 2012 Voting Policies
Nonprofit Law Prof Blog
Senator Grassley – Still Focused on a Charity Care Standard and Hospital Executives’ Compensation
In related articles on hospitals' tax exemptions appearing recently in the Des Moines Register, U.S. Senator Chuck Grassley adds to his track record of seeking greater accountability of tax-exempt nonprofits, specifically…
Delaware Corporate & Commercial Litigation Blog
Court of Chancery Dismisses Breach of Fiduciary Duty, Waste and Caremark Claims Challenging Goldman Sachs Compensation Structure
In the case of In Re The Goldman Sachs Group, Inc. Shareholder Litigation, C.A. No. 5215-VCG (Oct. 12, 2011), read opinion here, Vice Chancellor Glasscock, in his first major corporate…
The Securities Edge
Has New Life Been Given to Derivative Suits Based on Failed Say-On-Pay Votes?
Section 951 of the Dodd-Frank Act states that the results of a shareholder say-on-pay advisory vote will not trigger or imply a breach of fiduciary duty. Because Congress went out…
ContractsProf Blog
Executive Compensation: That Old Deja Vu All Over Again
It has been nearly 15 years since the Walt Disney Company offered Michael Ovitz a non-fault termination and the estimated $140 million severance package which came as a reward for…
Corporate & Financial Weekly Digest
ISS Survey on Current Governmental and Compensation Policy Issues
In a report released on September 26, Institutional Shareholder Services Inc. released its 2011-2012 Policy Survey Summary of Results (the Survey). The Survey participants consisted of both corporate issuers (93%…
Securities Law Prof Blog
Shareholder’s Challenge to Executive Compensation Survives MTD Because of Negative Say-on-Pay Vote
A recent opinion suggests that a negative shareholder vote on a "say-on-pay" resolution will improve shareholders' chances in surviving a motion to dismiss a derivative suit alleging excessive executive compensation. In…
Federal Securities Law Source
Ohio Federal Judge Allows Say-on-Pay Lawsuit to Proceed
In a September 20, 2011 Opinion, Judge Timothy Black of the Southern District of Ohio ruled that a lawsuit brought against senior executives and directors of Cincinnati Bell, Inc. alleging…
Corporate and Securities Law
The Errors in the Cincinnati Bell Say-on-Pay Decision