Five 'Say-on-Pay' Lessons (July 2011) resource Articles OCEG Reviewed
The first proxy season since the Dodd-Frank say-on-pay compensation provision took effect has completed. This articles takes a look at the reviews and actions of the season and sets out five "lessons" on executive compensation, each discussing various aspects of 'say-on-pay' policy and compliance.
Business Week, July 29, 2011
United Kingdom, Financial Service Act 2010 resource National Laws OCEG Reviewed
From the Executive Summary: FSMA currently sets out four objectives for the FSA (Financial Services Authority). These are: maintaining confidence in the financial system; promoting public understanding of the financial system; securing the appropriate degree of protection for consumers; and reducing financial crime.
CEO Compensation (April 2010, Rev. Nov. 2010) resource White Papers OCEG Reviewed
Abstract: This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay over the past 30 years has sparked an intense debate about the nature of the pay-setting process. Many view the high level of CEO compensation as the result of powerful managers setting their own pay.
Objectives Of The Dodd-Frank Act (November 2010) resource Articles OCEG Reviewed
Introduction: President Barack Obama signed the Dodd-Frank Act into law on 21 July 2010. The main objective of the Act is to avert a repeat of the 2008 financial crisis by making financial institutions more accountable for their actions and by enhancing oversight of the industry to detect and prevent systemic risk before it reaches crisis level.
Dodd-Frank Wall Street Reform and Consumer Protection Act, Public Law 111-203, H.R. 4173 (111th Congress, 2010) resource National Laws OCEG Reviewed
On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (H.R.
Executive Compensation and the Wall Street Reform and Consumer Protection Act (Littler, July 2010) resource Articles OCEG Reviewed
Introduction: On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (H.R.
Implementation of the Wall Street and Consumer Protection Act: Deadlines Created by the Statute for Select Regulatory Milestones resource Agency Web Sites OCEG Reviewed
A breakdown of the regulatory implementation schedule as required by the Wall Street and Consumer Protection Act. Posted at Financial Stability.gov.
Dodd-Frank Act mandates new corporate governance and executive compensation requirements (July 2010) resource Articles OCEG Reviewed
Introduction: On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act”). In addition to changes affecting financial service companies, the Act includes a number of corporate governance and executive compensation provisions that apply to all publicly traded companies (subject to exemptions for smaller issuers).
CEO Compensation and Board Structure (2008, Rev. 2010) resource White Papers OCEG Reviewed
Abstract: In response to the corporate scandals in 2001-2002, the major U.S. exchanges came up with new director and committee independence requirements which are intended to enhance board oversight. We use this regulation event to shed light on the effect of board structure on CEO compensation.
Brief Summary of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 resource National Laws OCEG Reviewed
Summary in Brief of the Act by the Senate Banking Committee.
