Shareholders having more power in corporate decisions can make it harder to hold directors accountable for their choices. This can weaken directors' incentives to act in the best interests of shareholders. Shareholder voting on executive compensation may not always benefit shareholders as expected. Directors may escape blame if future problems arise, leading them to take more risks with CEO pay. This could result in larger pay packages that are not tied to performance. Giving shareholders a say on executive pay may end up hurting as many companies as it helps.