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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Minority shareholders
Executive pay
Corporate governance
The Netherlands

Cite this

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title = "Consequences of significant minority shareholder revolt over executive pay",
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.",
author = "Anne Lafarre",
year = "2019",
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language = "English",
volume = "2019",
pages = "114--120",
journal = "European Company Law",
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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 journalArticleScientific

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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.

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EP - 120

JO - European Company Law

JF - European Company Law

SN - 1572-4999

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