"Saytopay" gets its name from stakeholders getting to vote on executive compensation.

Name: "Saytopay" gets its name from stakeholders getting to vote on executive compensation.
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Question

"Say­to­pay" gets its name from stakeholders getting to vote on executive compensation.

Quizplus · Accepted Answer

"Say-to-pay" refers to the SEC rule that requires public companies to allow shareholders to vote on executive compensation, but it does not involve voting on the compensation itself. The vote is advisory, meaning it is not binding, and the board of directors ultimately decides on executive pay.

"Say­to­pay" Gets Its Name from Stakeholders Getting to Vote on Executive

"Saytopay" Gets Its Name from Stakeholders Getting to Vote on Executive