https://francinemckenna.com/wp-content/francine-mckenna.png 0 0 Francine https://francinemckenna.com/wp-content/francine-mckenna.png Francine2008-06-25 09:28:002008-06-25 09:28:00Say on Pay – Hey CEOs! Get Used To The Idea
Broc and Dave over at The Corporate Counsel.Net Blog report that John McCain, Republican US Presidential Nominee-to-Be has joined Senator Barack Obama, Presumed Democrat Nominee, in calling for Say On Pay to be law of the land.
So, get ready now. Shareholders will have a voice. Now let’s hope the average shareholder jumps on this important bandwagon for changing the rules. The activist investors are already for it. But it’s going to take a more comprehensive movement to get corporate management and Boards to believe that they really have to change the way American capitalism works.
It’s about the shareholders, all the shareholders. Or else.