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Hotel Industry News |
Thursday August 21st, 2008 |
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Feature - Hotel Companies May Be Subject to Shareholder Approval on Option Re-Pricing |
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In light of recent corporate scandals, several public agencies have championed new regulations in an effort to regain public trust in corporate America. Recently, the New York Stock Exchange made several proposals to the Securities and Exchange Commission to both modify existing, and add new corporate governance listing standards. This article will focus on the NYSE’s recommendation that shareholders must be given the opportunity to vote on all equity compensation plans, specifically option re-pricing.
For the complete article - click here
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