November 10, 2010
Study: CEO Pay and Shareholder Activism
– Broc Romanek, CompensationStandards.com
This recent study entitled “CEO Pay and Shareholder Activism” by Prof. Fabrizio Fabri, Yonca Ertimur and Volkan Muslu allegedly refutes fears expressed by say-on-pay critics by showing that “just vote no” campaigns and voluntary say-on-pay votes did not lead to radical changes pushed by special interest groups. It’s worth a read.