Broker Discretionary Voting The “voting” theme within Dodd-Frank’s executive compensation provisions continues with §957: Broker Discretionary Voting. The advent of this section effectively eliminates the practice of broker’s voting on behalf of the actual owner’s of...
Curbing the “Golden Parachute” Under Dodd-Frank One attempt to curb incentive conflicts has been the “golden parachute” This device allows for pre-set compensation amounts if/when the manager leaves the corporation. The concept behind this device was that, because...
Section 951: Shareholder Vote on Executive Compensation Disclosures The other major executive compensation provision within the Act is Section 951: Shareholder Vote on Executive Compensation Disclosures. The major premise behind this is section is that no less...
Legislative Intent Behind Dodd-Frank Section 953 While, on its face, this section may seem to add be a noble measure of transparency to a corporate world filled with executive excess and greed, in actuality, this measure is misplaced and ineffective. That is to say,...
Disclosure for Disclosure’s Sake: Sections 951 & 953; Clear Disclosure, “Say on Pay” and “Say on Golden Parachutes” Among the numerous executive compensation provisions in the Dodd-Frank Act is a subset of provisions that are thematically correlated via the...
