Representability in second-order propositional poly-modal logic

A propositional system of modal logic is second-order if it contains quantifiers ∀p and ∃p, which, in the standard interpretation, are construed as ranging over sets of possible worlds (propositions). Most second-order systems of modal logic are highly intractable; for instance, when augmented with propositional quantifiers, K, B, T, K4 and S4 all become effectively equivalent to full second-order logic. An exception is S5, which, being interpretable in monadic second-order logic, is decidable