1. Does Shareholder Approval Requirement of Equity Compensation Plans Matter?, 17 l CoRP;See Lilian Ng;Frn,2011
2. The Impact of Say-on-Pay on Executive Compensation 22-23 (Research Draft, 20 12), available at http://ssm.com/abstract=202612l ( empi1ical study finding, among other things, that "affected fim1s shifted their compensation mix to more performance-based compensation" and that "shareholder voting on say-on-pay is not random, but systematically related to compensation practices'} It is embarrassing that there is even a debate about "say on pay" given that Sweden requires a ninety percent vote for approval of executive equity compensation. See supra note 39 and accompanying text 138. Yonca Ertimur, et al., Does the Director Election System lvfatter?;Greg See;Evidence Ji'om Majority Voting,2011
3. Corporate Financial and Investment Policies in the Presence of a Blockholder on the Board
4. at 638 (citing David Chamy, The Employee Welfare State in Transition, 74 TEX;Jd;L. REv,1996
5. Others use the term "board capture" for domination of boards by CEOs;Lucian Bebchuk & Jesse Fried;Academics in Wonderland supra note 75,2004