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Bill to Mandate Shareholder Advisory Vote on Executive Compensation Gathers Momentum (PDF)
FW Cook Apr. 2, 2007
1 page. Excerpt: On March 28 the House Financial Services Committee approved the 'Shareholder Vote on Executive Compensation Act' (H.R. 1257) by a narrow vote of 37-29, largely along party lines. The bill is expected to go to the full House after Congress returns from Easter recess in April. Congressman Barney Frank (D-MA), the proponent of the bill, expects full House approval.
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