Guidelines from investors, a Labour Party review and the arrest of Nissan’s chief executive have all put executive pay back in the headlines.
Carlos Ghosn. Photo: Renault
The media has just been through another executive pay frenzy. The Investment Association (IA), a body for investment managers, has issued new guidelines on pay which it wants implemented by companies; Carlos Ghosn, the feted leader of Nissan, has been arrested over undeclared pay; and the Labour Party has proposed radical new measures to curb remuneration levels of those at the top.
It seems the issue will not go away, and that investors, politicians and the public are as sensitive as they have ever been about the issues surrounding high levels of remuneration for executives.
This current raft of pay stories began on 19 November with th
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda