Integrative Research Paper: Swiss Referendum Say on Pay

Abstract

This paper examines the recent Swiss referendum on say-on-pay. The referendum was put to popular vote in March of 2013, and the Swiss citizens passed the referendum with a clear majority. This paper will explain each of the provisions of the referendum. It will then explain pros and cons of the referendum, and then further evaluate the provisions. Finally, a brief commentary will be made regarding its implication and potential application in the world’s financial centers.