(Reuters) - Activist share owners have won a few victories in their
push to give public company stockholders an advisory vote on
the pay of top executives. But the proposals have failed at
many companies, including a closely watched vote at Countrywide
Financial Corp.'s annual meeting on Wednesday.
Proponents say the concept, which is new to the United
States but become widely adopted at British companies, is
gaining momentum. Last year, none of the proposals appearing on
U.S. shareholder ballots won enough votes to pass but they did
get significant support.
Read more at Reuters.com Government Filings News
push to give public company stockholders an advisory vote on
the pay of top executives. But the proposals have failed at
many companies, including a closely watched vote at Countrywide
Financial Corp.'s annual meeting on Wednesday.
Proponents say the concept, which is new to the United
States but become widely adopted at British companies, is
gaining momentum. Last year, none of the proposals appearing on
U.S. shareholder ballots won enough votes to pass but they did
get significant support.
Read more at Reuters.com Government Filings News
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