Tags: shareholders

Will shareholder votes on Directors’ pay lead to legal claims backlash?

As of today (tuesday), shareholders will have the power to approve directors’ pay together with a binding vote on pay policy and exit payments, under the new Enterprise and Regulatory Reform Act 2013. What does the new law mean? The new rules mean that once a pay policy has been agreed, it will then stand for…

The Prime Minister believes shareholders should be able to vote on executive pay

There should be no reward for failure, the Prime Minister has said, claiming that excessive payouts to company executives are “ripping off shareholders” – and the Confederation of British Industry (CBI) agrees, at least with the first point. While stating that it was not a government’s role to tell companies what they can pay people,…