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Say on pay



Barney Frank's "say on pay" bill moves to the Senate. The bill would require nonbinding shareholder votes on executive pay. I have some thoughts on this misguided effort to increase union power, reduce the efficiency of executive compensation, and usurp the states' role in corporate governance.

 

 


Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.