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The Profile of a Say-on-Pay Failure

55. That is the number of publicly traded companies which have failed the Say-on-Pay vote as of July 23, 2013.  That is two less than the total of 2012 and 18 more than in 2011.  It has been three years since the Dodd-Frank Act initiated this provision of a shareholder vote, which is non-binding…for now that is (see Switzerland).  Now that we are in the final stages of the third year of Say-on-Pay season, the question most public company board members ask is: What could cause a company to fail Say-on-Pay?

To read the entire article written by Chris Crawford, Jon Covington, and Cameron Boswell, click here.

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