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A better approach
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Rather than just trying to influence annual Shareholder voting, I suggest:1. Publication of individual corporate pay schemes, etc;2. Organized boycott of companies that violate Shareowners.org…Continue
Tags: press, bad, products, Boycott
Started this discussion. Last reply by Devin LaSalle Feb 26, 2010.
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Boycott: a better approach
Rather than just trying to influence annual Shareholder voting, I suggest:
1. Publication of individual corporate pay schemes, etc;
2. Organized boycott of companies that violate Shareowners.org suggested pay scales.
Bad press, & lack of business will be best way to force Boards / shareholders to respect pay guidelines
1. Publication of individual corporate pay schemes, etc;
2. Organized boycott of companies that violate Shareowners.org suggested pay scales.
Bad press, & lack of business will be best way to force Boards / shareholders to respect pay guidelines
Posted on October 26, 2009 at 2:24pm
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I'm working with a group through the United States Proxy Exchange that is fed up with the increasing proportion of corporate profit going to top execs. We are also concerned with the "Lake Woebegone" effect in that every board thinks their CEO is above average. Since all CEOs are above average every year, the average keeps rising.
I would very much appreciate your feedback on draft guidelines we have posted at http://proxyexchange.org/2011/05/request-for-comments-say-on-pay/
If you post your comments in the "Leave a Reply" box we will consider them next week when we meet near Boston. Thanks.