Swiss referendum: Say-on-pay
Dale J. Albrecht
Abstract
Dale J. Albrecht
Abstract
This paper examines the recent Swiss referendum on say-on-pay. The referendum was put to popular vote in March of 2013, and the Swiss citizens passed the referendum with a clear majority. This paper will explain each of the provisions of the referendum. It will then explain pros and cons of the referendum, and then further evaluate the provisions. Finally, a brief commentary will be made regarding its implication and potential application in the world’s financial centers.
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This paper examines the recent Swiss referendum on say-on-pay. The referendum was put to popular vote in March of 2013, and the Swiss citizens passed the referendum with a clear majority. This paper will explain each of the provisions of the referendum. It will then explain pros and cons of the referendum, and then further evaluate the provisions. Finally, a brief commentary will be made regarding its implication and potential application in the world’s financial centers.
Key concepts: Referendum, Political science, Business, Law and economics, Public economics, Economics, Law, Politics