Executive pay is a matter for businesses, not politicians, says BCC
Commenting on Business Secretary Vince Cable's announcement today regarding binding shareholder votes on executive pay, John Longworth, Director General of the British Chambers of Commerce (BCC) said: "Businesses must have the power to reward good performance, under the governance of non-executive directors and remuneration committees. But poor performance should not be rewarded, and shareholders have a role to play in holding their boards to account. "Over the years, corporate governance in thi
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