PROXY Governance and the Investor Responsibility Research Center Institute (IRRCi) today released a new study, “Compensation Peer Groups at Companies with High Pay” that identifies a subset of S&P 500 companies with high pay that is not aligned …
Read MoreThe 2009 update to the ABI Guidelines on Executive Remuneration will be a disappointment to many investors. The amended guidelines fail to deal with some of the key structural deficiencies in executive pay practice and guidance – a contributory factor …
Read MoreReaction to the new remuneration disclosure requirements set out by the Comissão de Valores Mobiliários (Securities and Exchange Commission of Brazil, or “CVM”), have been mixed, ranging from full and immediate compliance to complete revolt – with some companies filing …
Read MorePeter Dey, the architect of Canada’s first corporate governance guidelines for boards, is convinced that the power of directors has been eroded on that balance of power has shifted too far to shareholders on key issues.
Dey’s remarks were made …
Read MoreRemuneration reports are “unduly complex, place a significant burden on companies and are of limited use to shareholders and other readers. At worst, they have become almost incomprehensible to even expert readers and can give a distorted picture of executive …
Read MoreManifest’s annual total remuneration survey, published in association with MM&K is now available. For more information about this essential resource for issuers and investors alike please Click Here >>…
Read MoreUS pay czar Kenneth Feinberg has announced that a number of the highest-paid executives at bailed out companies will have their remuneration cut by an average of 15 percent this year.
Cash salaries will be set at $500,000 or less …
Read MoreJapan’s Financial Services Agency has announced draft regulations aimed at improving corporate governance disclosures.
With effect from March 31st 2010, companies will be required to disclose a detailed breakdown of individual pay for each executive earning more than ¥100 million …
Read MoreThe Say on Pay continues to play out at US annual meetings this year – both in terms of management and shareholder proposals. Here are a few highlights prepared by Allie Monaco of ProxyGovernance:
- Two management say on pay proposals
The market for US compensation consultants is looking increasingly concentrated according to new research by ProxyGovernance.
Based on data for annual meetings held between Jan. 1, 2009 and July 1, 2009, five consulting firms – Towers Perrinand Watson Wyatt (now …
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