The Stanford Graduate School of Business has published an intriguing paper entitlted Ten Myths of Say on Pay –>
Fromthe report STAY CURRENT, published by Paul Hastings.
SEC Finalizes Rule for Compensation Committee Listing Standards and Compensation Consultant Conflicts
BY MARK POERIO & ELIZABETH A. RAZZANO
Theinsightful and articulateeconomist Richard Katz was in town last week, and gave presentations to a number of groups, including the American and French Chambers of Commerce in Japan. The theme of his presentation and views was particularly timely, as it focused on a cogent explanation of why Japan is Not the Next Greece.
The results of voting on the 10 shareholder proposals submitted to Mizuho Financial Group's AGM have been been disclosed. In asignificant turn of events, no less than seven of the 10 proposals submitted by shareholders were supported by at least 23% of shareholders. Within that group, the highest support ratio (28%) was for the proposal that would have required Mizuho FG to disclose its policy with respect to director training, and actions taken to execute that policy each year.