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大作用，尽管随着时间的推移，作用有所不同。在这两个案例中，它发现诉讼的性质随着时间的推移而发生变化，出现在法院面前的纠纷类型不断演变，法院形成了处理这些纠纷的新规则。此外，自2000年以来，诉讼已明显变得更加普遍。然而，尽管有这些表面上的相似之处，但存在着重大的制度差异，管理薪酬的实质规则以及做法仍然截然不同。每一项的具体结果都详细地发表在同行评议的期刊上的两份出版物中，可以参考这两份出版物了解更多信息：肖恩·麦金蒂，《薪酬之争！日本法院中的公司董事薪酬纠纷以及如何处理它们‘53日本法律期刊109(2022)；肖恩·麦金蒂，《加拿大的法院和高管薪酬》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)