1. Pay Governance Responds to Senator’s Proposed Dramatic Departure from Shareholder Primacy

    Pay Governance Responds to Senator’s Proposed Dramatic Departure from Shareholder Primacy

    NEW YORK- U.S. Sen. Elizabeth Warren’s recently proposed Accountable Capitalism Act, which would hold large U.S. corporations accountable not only to their shareholders but to all corporate stakeholders, is not the optimal path for corporate America, contends executive compensation consulting firm Pay Governance ( paygovernance.com )...

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    1. The concept of shareholder primacy has been successful for many and is deeply embedded in corporate America.
    2. U.S. companies will likely object to the proposed provisions.
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