BUSINESS

"Say on Pay" Draws Heavy GOP Opposition

Imagine you are a shareholder in a company that, year in and year out, gives its chief executive 10-figure pay packages. You're unhappy about this, and you'd like to make your feelings known. So you want a chance to tell the company. (You know, the one in which, thanks to being a shareholder, you are part owner.) Should you have that right? Now, mind you, this isn't the right to actually overrule the board's decision on how much the chief gets paid. It's just to have a vote in which you get to tell the board--in a nonbinding way--that you're fed up.

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