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  • June 2007 (Revised April 2008)
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Say on Pay

By: Jay W. Lorsch, V.G. Narayanan and Alexis Chernak
  • Format:Print
  • | Pages:4
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Abstract

Briefly describes the trend in 2006 and 2007 in the United States to give shareholders an advisory vote on executive compensation. Highlights a few examples where shareholders have successfully garnered a majority in support of an advisory vote measure on company proxy ballots, and describes discussion within Congress on the matter.

Keywords

Voting; Corporate Governance; Governing and Advisory Boards; Executive Compensation; Business and Government Relations; Business and Shareholder Relations; United States

Citation

Lorsch, Jay W., V.G. Narayanan, and Alexis Chernak. "Say on Pay." Harvard Business School Case 407-129, June 2007. (Revised April 2008.)
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About The Authors

Jay W. Lorsch

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V.G. Narayanan

Accounting and Management
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