The Securities and Exchange Commission on Tuesday approved a measure that gives institutional shareholders a vote on executive pay at large corporations, part of regulators’ efforts to give investors greater say over top-level salaries that have been described as excessive.
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SEC Gives Investors a Vote on Executive Pay, Golden Parachutes originally appeared on DailyFinance on Tue, 25 Jan 2011 16:52:00.
Filed Under: Investing, Biz Brief, Market News