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Shareholders back CEO pay

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in Compensation and Benefits,Human Resources

Despite popular ire over excessive CEO pay, shareholders remain blasé about the topic, at least according to a preliminary analysis of proxy votes compiled by the Skadden Arps law firm.

Through April 26, shareholders in publicly traded firms had approved 98% of CEO pay plans released to comply with the Dodd-Frank financial reform law’s “say-on-pay” provisions.

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