Abstract
| Original language | English |
|---|---|
| Article number | 3 |
| Pages (from-to) | 114-120 |
| Number of pages | 7 |
| Journal | European Company Law |
| Volume | 2019 |
| Issue number | 4 |
| Publication status | Published - Jul 2019 |
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Consequences of significant minority shareholder revolt over executive pay. / Lafarre, Anne.
In: European Company Law, Vol. 2019, No. 4, 3, 07.2019, p. 114-120.Research output: Contribution to journal › Article › Scientific
TY - JOUR
T1 - Consequences of significant minority shareholder revolt over executive pay
AU - Lafarre, Anne
PY - 2019/7
Y1 - 2019/7
N2 - Say on pay is nowadays a generally accepted corporate governance tool to address excessive executive pay practices. Whereas controversial say-on-pay resolutions are seldom defeated in AGMs, they can face significant minority shareholder opposition. Recently, several countries amended existing say-on-pay rules to attach various legal consequences to significant minority shareholder revolt. This article discusses the desirability of new rules in the UK, Australia and the Netherlands from a legal and practical perspective.
AB - Say on pay is nowadays a generally accepted corporate governance tool to address excessive executive pay practices. Whereas controversial say-on-pay resolutions are seldom defeated in AGMs, they can face significant minority shareholder opposition. Recently, several countries amended existing say-on-pay rules to attach various legal consequences to significant minority shareholder revolt. This article discusses the desirability of new rules in the UK, Australia and the Netherlands from a legal and practical perspective.
M3 - Article
VL - 2019
SP - 114
EP - 120
JO - European Company Law
JF - European Company Law
SN - 1572-4999
IS - 4
M1 - 3
ER -