The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay

Say-on-Pay became a landmark in the development of executive remuneration, particularly in the UK, as it instigated the first regulated approach. This has provided an unrivalled foundation for studies and discussion. Although research has remarked on findings and begun to analyse its effectiveness,...

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Main Author: Millard, Ryan James
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2013
Online Access:https://eprints.nottingham.ac.uk/26737/
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author Millard, Ryan James
author_facet Millard, Ryan James
author_sort Millard, Ryan James
building Nottingham Research Data Repository
collection Online Access
description Say-on-Pay became a landmark in the development of executive remuneration, particularly in the UK, as it instigated the first regulated approach. This has provided an unrivalled foundation for studies and discussion. Although research has remarked on findings and begun to analyse its effectiveness, this still remains in a fragmented and conservative state. This review collates an array of theoretical, empirical and policy understandings to provide a clearer and more meaningful perspective. Say-on-Pay established amid weak remuneration policies, in an effort to reform the pay setting process. In theory the vote has significant tools to implement change in remuneration and governance. Whilst progress has been identifiable, uncertainty still remains over its value. The future is one of both exploration and change, exemplified by ever pertinent themes and a new binding vote, soon to create a new era. An overview of research into these matters enables an overall understanding and reflection on UK Say-on-Pay. Keywords: remuneration, shareholders, voting, policy, corporate governance
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spelling nottingham-267372017-10-19T13:37:35Z https://eprints.nottingham.ac.uk/26737/ The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay Millard, Ryan James Say-on-Pay became a landmark in the development of executive remuneration, particularly in the UK, as it instigated the first regulated approach. This has provided an unrivalled foundation for studies and discussion. Although research has remarked on findings and begun to analyse its effectiveness, this still remains in a fragmented and conservative state. This review collates an array of theoretical, empirical and policy understandings to provide a clearer and more meaningful perspective. Say-on-Pay established amid weak remuneration policies, in an effort to reform the pay setting process. In theory the vote has significant tools to implement change in remuneration and governance. Whilst progress has been identifiable, uncertainty still remains over its value. The future is one of both exploration and change, exemplified by ever pertinent themes and a new binding vote, soon to create a new era. An overview of research into these matters enables an overall understanding and reflection on UK Say-on-Pay. Keywords: remuneration, shareholders, voting, policy, corporate governance 2013-09-20 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26737/1/Final_-_Ryan_Millard.pdf Millard, Ryan James (2013) The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Millard, Ryan James
The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay
title The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay
title_full The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay
title_fullStr The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay
title_full_unstemmed The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay
title_short The Choice to Stick or Twist for Shareholders: A Review into UK Say-on-Pay
title_sort choice to stick or twist for shareholders: a review into uk say-on-pay
url https://eprints.nottingham.ac.uk/26737/