Top UK companies are increasingly incorporating non-financial factors such as customer satisfaction into executive bonus plans, accountancy firm PricewaterhouseCoopers (PwC) has found. PwC’s research revealed that the number of companies offering bonus plans based on purely financial measures has halved over the past year, falling from 33% in 2005/06 to 17% in 2006/07. This has […]
Read MoreSome 23% of FTSE 350 companies are not adequately reporting to shareholders on the activities of their audit committees, producing in effect little more than a summary of the committees’ terms of reference, research by the Local Authority Pension Fund Forum (LAPFF) has found. The LAPFF also found that the standard of audit committee reporting […]
Read MoreMost institutional investors believe there should be a stronger link between executive pay and performance at US companies, with 90% believing the current system has overpaid board members and 85% stating that it has damaged the image of corporate America, reported a survey by Watson Wyatt, the human capital consulting firm. Watson Wyatt surveyed 55 […]
Read MoreThere were 43 Australian listed companies that failed to notify shareholders about the remuneration report vote that was introduced as part of other company law changes and applied to most firms for the first time in the 2005 AGM season, according to the Australian Securities & Investments Commission (ASIC). Jeremy Cooper, ASIC’s deputy chairman, said […]
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