The "say on pay" vote is nonbinding,but it can still serve to put pressure on executives to maintain compensation in line with organizational performance.

Question

Quizplus · Accepted Answer

The statement is true. Although the "say on pay" vote is nonbinding, it can still have a significant impact by putting public pressure on executives to ensure their compensation aligns with the company's performance. This can result in greater accountability and transparency, which can ultimately benefit both the company and its shareholders.

The "Say on Pay" Vote Is Nonbinding,but It Can Still