The chief executive (Joanne Segars) and head of corporate governance (David Paterson) of the National Association of Pension Funds have written to FTSE350 chairmen setting out several principles for the alignment of executive pay with shareholders' interests. The letter, published today, also states the NAPF's view that "a review of accepted best practice, which serves neither shareholders nor management well, is warranted and we have made these views clear to Government and in the FRC consultation on the Combined Code".
UK: executive pay - NAPF principles
Labels:
chairman,
combined code,
directors' duties,
executive pay,
frc,
napf,
remuneration,
uk
The chief executive (Joanne Segars) and head of corporate governance (David Paterson) of the National Association of Pension Funds have written to FTSE350 chairmen setting out several principles for the alignment of executive pay with shareholders' interests. The letter, published today, also states the NAPF's view that "a review of accepted best practice, which serves neither shareholders nor management well, is warranted and we have made these views clear to Government and in the FRC consultation on the Combined Code".
Spread The Love, Share Our Article
Subscribe to:
Post Comments (Atom)
Popular entries
-
Incident: Sick Kids physician loses portable hard-drive with unencrypted personal health informationA physician from Sick Kids hospital who decided to travel with a portable hard-drive containing unencrypted health information on 3,300 pat...
-
According to an article in USA Today, Facebook is following in the footsteps of Google and others by using targeted ads. I'm not at all ...
-
On June 23, Australia's Parliamentary Joint Committee on Corporations and Financial Services published a report titled Better sharehold...
-
INSOL Europe recently published a report titled Harmonisation of Insolvency Law at EU Law Level : see here ( pdf ). The report outlines di...
-
Apparently the American government is about to implement its latest version of the no-fly list, without data mining using commercial sources...
-
The Information and Privacy Commissioner of Alberta released a very interesting order today, considering whether the right to freedom of exp...
-
Section 309 of the California Corporations Code provides that a director must act in good faith, in the manner in which he/she believes to...
-
The International Organization of Securities Commissions has published a revised edition of its Objectives and Principles of Securities Reg...
-
"Police tried to calm the teen, but Holyfield became combative, according to the statement. Officers fired the stun gun at him after he...
-
The Wall Street Reform and Consumer Protection Act (also known as the Dodd-Frank Act after Senator Dodd and Congressman Frank and not, as...
Comments
Post a comment on: UK: executive pay - NAPF principles