ShareSoc, which represents individual shareholders in the UK, is advising its members to vote against the remuneration report of house builder Berkeley Group at its AGM on 6th September.
The Swiss Federal Council recently published their “Proposal for an Ordinance against abusive remuneration practices” in response to the successful popular referendum on what has been dubbed the “Minder Initiative”. It is the first formal consultation stage ahead …
Read MoreAre executive pay peer group benchmarks the new credit ratings?
New research from the Investor Responsibility Research Centre Institute (IRRCi) suggests that over-dependence on peer group benchmarking for setting executive pay is the root cause of pay inflation in the …
Read MoreIn this guest article, Cliff Weight of remuneration consultants MM&K responds to a comment from David Brimacombe, senior advisor to Nestor Advisors on our January piece: ‘Remuneration Committee “Cronyism” – digging deeper’. The article was written in response …
Read MoreMore rights for shareholders is one of those sure-fire political winners which would seem churlish to object to. But, with the publication of the UK’s proposals to fix the “payments for failure” fiasco, it looks like the UK government is …
Read MoreVince Cable, Secretary of State for Business, Innovation and Skills, this week announced the latest government consultation on executive pay, this time aimed specifically at enhancing shareholder voting rights on the matter.
The consultation seeks opinions on the following outline …
Read More
Journalists and politicians must not have enough to do in the post-Christmas dip. “Action looms to curb executive pay” proclaims the FT on January 5 the day before the UK’s Prime Minister David Cameron devotes precious prime time on …
Read More