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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.



Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.