1. Executive Pay: City Report Stops Short of Backing Binding Shareholder Votes

    Executive Pay: City Report Stops Short of Backing Binding Shareholder Votes

    A report by City grandees has set out a number of measures to help restore public confidence in executive pay , but stopped short of endorsing Theresa May’s proposal for binding shareholder votes on senior management salaries. The report, which acknowledges executive pay is difficult to justify, did not set out how much directors should receive, either in absolute terms or compared with their wider workforce...

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    1. Growing complexity has contributed to poor alignment between executives, shareholders and the company, sometimes leading to levels of remuneration which are difficult to justify.
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