Consequences of significant minority shareholder revolt over executive pay

Research output: Contribution to journalArticleScientific

Abstract

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.
Original languageEnglish
Article number3
Pages (from-to)114-120
Number of pages7
JournalEuropean Company Law
Volume2019
Issue number4
Publication statusPublished - Jul 2019

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