Quote:
Originally Posted by JPhillips
I don't know how to make it work, but allowing shareholders to have a greater say in top level compensation is something I'd generally be for. I'm also very much in favor of more transparency in reporting for publicly traded companies. Where I would draw a hard line is at totally private firms. They should be allowed to structure and report as they please.
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While part of the article talks about that, that's not what I'm getting out of it in terms of giving shareholders the power (instead of government regulations).
"One proposal could impose greater requirements on company boards to tie executive compensation more closely to corporate performance and to take other steps to ensure that compensation was aligned with the financial interest of the company."