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"Say on Pay" Passes!


Parsad

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Guest ValueCarl

Why is this true if the mandate states at least once every three years?

 

<The rule seems to pressure companies to conduct votes every year, which “doesn’t work for everybody,” especially smaller companies, said Sanjay M. Shirodkar, a former SEC lawyer with DLA Piper LLP in Baltimore.>

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Guest ValueCarl

For example, it seems to me if I didn't want to deal with those common shareholder pests, I might incorporate a healthy three year compensation scheme to deal with the peanut gallery less, rather than more. I would attribute the change to expense savings, advancing our board to more productive areas while saving their time and energy on such trivial matters. 

 

I would expand further to say that, with the trading mentalities of these modern era rabble rousing types who only want "milliseconds" to satisfy their quench for "ownership," I wouldn't have to deal with too many each three years. 

 

Commoners be DAMNED!  ;D

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