This post was submitted by our partners at PwC Governance Insights Center.
Boards are engaging more often with shareholders and other stakeholders about executive compensation. We take a close look at the drivers behind the interest in this topic in a new series PwC co-authored with Cleary Gottlieb Steen & Hamilton LLP. The modules in this series will focus on boards, shareholders and executive pay; legal and regulatory requirements; tax issues; accounting and financial reporting; executive compensation package structuring; and the dynamics of a compensation committee.
More and more, we are seeing boards engage with shareholders about executive compensation. But what has motivated this new attitude? PwC’s Governance Insights Center and Cleary Gottlieb have taken a closer look at the drivers behind it, including provisions of the Dodd-Frank Act, the role of proxy advisors and shareholder pressure, and offer advice on how boards can do a better job of talking to shareholders and other stakeholders about the issue.
If you’d like to discuss the findings in greater detail, please contact Paula Loop.
Visit PwC’s Governance Insights Center on the web.
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