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  • Title: Executive compensation in excess of $1 million: shareholder approval and corporate waste.
    Author: Kaderabek LM, Quinlan WJ.
    Journal: Benefits Q; 1995; 11(3):96-101. PubMed ID: 10151121.
    Abstract:
    A careful decision making process is needed when considering whether to forgo the shareholder approval needed to permit compensation to be tax deductible or to deviate from an established plan. [It] should include adequate investigations of costs and benefits and should be thoroughly documented.
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