2022 Fiscal Year Research-status Report
Executive Compensation and the Courts
| Project/Area Number |
19K01367
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| Research Institution | Nagoya University |
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Principal Investigator |
McGinty Sean 名古屋大学, 法学研究科, 准教授 (40706818)
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| Project Period (FY) |
2019-04-01 – 2024-03-31
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| Keywords | Corporate Law / Executive Compensation / Courts |
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| Outline of Annual Research Achievements |
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)
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| Current Status of Research Progress |
Current Status of Research Progress
2: Research has progressed on the whole more than it was originally planned.
Reason
The research has gone smoothly, but presenting it at conferences has been significantly impacted by Covid during the first two years (though it was presented at online confernces).
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| Strategy for Future Research Activity |
The primary research is already finished (and published), I plan to put together the overall results into a conference presentation in the final year (which was delayed due to Covid).
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| Causes of Carryover |
I plan to attend and present at an international conference this year.
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