Brunarski, Kelly R.; Campbell, T. Colin; Harman, Yvette S. - In: Journal of Corporate Finance 30 (2015) C, pp. 132-149
The economic value of the Say-On-Pay (SOP) provision of the Dodd–Frank Act has been a subject of debate. Proponents of this provision suggest these votes benefit shareholders by increasing investor influence over managerial compensation. Opponents of the SOP provision believe compensation...