Multiple Choice
The "say on pay" portion of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires corporations to do which one of the following?
A) Give the chair of the board the final say on executive pay
B) Give the firm's creditors a nonbinding say on executive pay
C) Give the firm's creditors a binding say on executive pay
D) Give shareholders a nonbinding vote on executive pay
E) Give shareholders a binding vote on executive pay
Correct Answer:
Verified
Correct Answer:
Verified
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