Dodd-Frank
Executive Compensation Policy Considerations and Dodd-Frank
While the Dodd-Frank Act will continue to pose new and often novel compliance challenges for public companies for the foreseeable future (much like the Sarbanes-Oxley Act did in 2002), Bill George offers some good high-level insights in a recent Business Week piece that may help lessen the sting of some of the Act’s provisions in the long run. George’s point is, of course, a good one: principled executive compensation policies that are properly aligned with shareholders’ interests will, over the long run, likely result in less desire for shareholders (especially those focused on short-term gains) to use the new tools that the Dodd-Frank Act affords them.
