Dodd-Frank requires companies to adopt a __________ policy through a nonbinding resolution in their proxy statements asking shareholders whether they approve the compensation or any severance agreement provision (i.e., golden parachute) for their executive management.

Question

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The Dodd-Frank Wall Street Reform and Consumer Protection Act requires companies to include a "say-on-pay" provision in their proxy statements, allowing shareholders to vote on executive compensation and golden parachute arrangements in a nonbinding resolution.

Dodd-Frank Requires Companies to Adopt a __________ Policy Through a Nonbinding