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Executive Compensation Restrictions Under the Emergency Economic Stabilization Act
LawDragon
[Guidance Overview] Nov. 19, 2008
Excerpt: [The executive compensation restrictions under the Emergency Economic Stabilization Act] may stimulate further legislative efforts to reform executive compensation and may influence institutional shareholders, corporate governance firms and proxy solicitors in the coming months. As a result, it is reasonable to expect that compensation committees will be asking in the coming months whether some of these changes would be appropriate to extend to companies that are not participating in these programs.
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