Plans to tackle excessive executive pay “feeble” and “watered down”
What prime minister Theresa May promised in her manifesto regarding corporate governance and excessive executive pay has fallen flat according to many.
What prime minister Theresa May promised in her manifesto regarding corporate governance and excessive executive pay has fallen flat according to many.
Leaders such as Mark Zuckerberg, Jeff Bezos and Elon Musk have become almost as famous as their companies, but what do their CEO salaries say?
By Staff writer
The government’s green paper on corporate governance focuses on three areas for parliamentary debate: executive pay, strengthening the employee and wider stakeholder voice and extending current corporate governance regulations to large private businesses.
While recent scrutiny of the salaries being earned by business leaders is important to monitor the pay gap, it should be left to shareholders and board members to determine whether the bosses at big companies are paid appropriate sums.