Publication Date
10-11-2011
Document Type
Article
Organizational Units
Sturm College of Law
Keywords
Dodd-Frank, executive compensation, corporate governance, shareholders, disclosure
Abstract
The Dodd-Frank Act included a number of provisions designed to reform the executive compensation process. One of the provisions, Section 953(b), requires disclosure of a ratio that compares CEO compensation with the median income of employees. Although hardly noticed at the time of adoption, the provision has since generated opposition, with many of the concerns involving the logistics associated with implementation. Efforts to repeal Section 953(b) have surfaced in Congress.
Publication Statement
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Originally published as J. Robert Brown Jr., Dodd-Frank, Compensation Ratios, and the Expanding Role of Shareholders in the Governance Process, 2 Harv. Bus. L. Rev. Online 91 (Oct. 11, 2011), https://journals.law.harvard.edu/hblr/2011/10/compensation/.
Recommended Citation
J. Robert Brown Jr., Dodd-Frank, Compensation Ratios, and the Expanding Role of Shareholders in the Governance Process, 2 Harv. Bus. L. Rev. Online 91 (Oct. 11, 2011), https://journals.law.harvard.edu/hblr/2011/10/compensation/.