CFA Institute Sustainable-Investing Question Answer
Shocks around pay levels at newly privatized utilities led to the:
A.
Dodd-Frank Act
B.
Greenbury Report
C.
Sarbanes-Oxley Act
The Answer Is:
B
This question includes an explanation.
Explanation:
TheGreenbury Report (1995)was developed in response to concerns overexcessive executive pay in newly privatized UK utilities. It introducedrecommendations on executive compensation transparency and governance.
TheDodd-Frank Act (A)was a U.S. financial reform law, while theSarbanes-Oxley Act (C)focused on corporate financial reporting.
[References:, UK Greenbury Report on Corporate Governance, UK Corporate Governance Code, OECD Reports on Executive Pay and Shareholder Rights, ========, , ]
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