Shareholder Approval of Golden Parachutes
GPTKB entity
Statements (17)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
securities regulation
|
| gptkbp:adoptedBy |
gptkb:U.S._Securities_and_Exchange_Commission
2011 |
| gptkbp:appliesTo |
public companies
|
| gptkbp:codifiedIn |
gptkb:Section_951_of_Dodd-Frank_Act
|
| gptkbp:defines |
golden parachute refers to compensation arrangements for executives in connection with mergers or acquisitions
|
| gptkbp:enforcedBy |
gptkb:SEC
|
| https://www.w3.org/2000/01/rdf-schema#label |
Shareholder Approval of Golden Parachutes
|
| gptkbp:purpose |
increase transparency of executive compensation
give shareholders a say on golden parachute arrangements |
| gptkbp:relatedTo |
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
|
| gptkbp:requires |
shareholder advisory vote on golden parachute compensation
|
| gptkbp:requiresDisclosureOf |
companies must disclose golden parachute arrangements in merger proxy materials
|
| gptkbp:startDate |
April 25, 2011
|
| gptkbp:votingSystem |
non-binding advisory vote
|
| gptkbp:bfsParent |
gptkb:Dodd–Frank
|
| gptkbp:bfsLayer |
5
|