Liberal Democrat leader Vince Cable advocates action on executive pay, short-term shareholders and the takeover regime.
Britain has further to go in reforming corporate governance, according to Vince Cable, leader of the UK's Liberal Democrat party.
Writing in business paper City AM, Cable said executive pay was still an issue to be resolved, as is the rise in short-term shareholdings by investors. He added that the takeover regime was also a target for change.
Cable said he backed a proposal by the Purposeful Company Taskforce, which would see executive pay linked to longer time horizons with shares released on a "phased basis" over periods of up to seven years.
"This would be a positive change that would retain a link to performance, but force execu
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