This Note analyzes the say on pay provisions in the Dodd-Frank Act and offers opinions as to whether it will be effective. Part II lays out the history of say on pay in the United Kingdom, the specific terms of the regulations, and the effect of the U.K. regulatory scheme following its enactment. Part III discusses the say on pay regulations enacted in the United States under the Dodd-Frank Act, compares the terms of the United State‘s regulations to the U.K. regulations, and addresses the projected effectiveness of the Dodd-Frank Act in the United States. Part IV concludes that the Dodd-Frank Act say on pay regulations appear to meet the goal of allowing for increased accountability of executive compensation via shareholder engagement, though only time will tell if the application of the regulations fulfills its promise.
dodd-frank act, say on pay