Executive Compensation and the Courts

研究表明，受调查国家的法院在公司高管薪酬实践方面发挥了重要作用，尽管随着时间的推移作用有所不同。在每一项研究中，它都发现诉讼的性质随着时间的推移而变化，法院审理的纠纷类型不断演变，法院也制定了新的规则来处理这些纠纷。此外，自2000年以来，诉讼变得更加普遍。然而，尽管表面上有这些相似之处，但存在着重大的制度差异，关于薪酬的实质性规则和做法仍然不同。每个人的具体结果都在同行评审期刊上的两篇文章中有详细介绍，可以参考这两篇文章了解更多信息：Sean McGinty，“Pay Fight!”日本公司董事薪酬纠纷及其成因[j]，《法律学刊》（2002）；肖恩·麦金蒂，“法院和行政赔偿在加拿大”14(2)法律与发展评论753 （2021）

The research has demonstrated that the Courts in the countries examined have played a significant, though differing role over time in relation to corporate executive pay practices. In each it found that the nature of litigation changed over time, with the types of disputes appearing before courts evolving and the courts fashioning new rules to deal with them. Moreover, litigation has become significantly more common since 2000. Despite these superficial similarities, however, significant institutional differences exist and both the substantive rules governing pay, as well as practice, remain distinct. The specific results for each are detailed in two publications in peer reviewed journals which can be referred to for further information: Sean McGinty, ‘Pay Fight! Corporate Director Compensation Disputes in Japanese Courts and What to Make of Them’ 53 Journal of Japanese Law 109 (2022);Sean McGinty, ‘The Courts and Executive Compensation in Canada’ 14(2) Law and Development Review 753 (2021)