executive pay, pay, remuneration, pay ratios, corporate governance, finance

29 August, 2017

Publishing pay ratios is ‘crude’, but are a ‘step in the right direction’

Publishing executive and staff pay ratios under new governance reform rules would be a "crude" measure of valuing remuneration, but it should force boards to consider pay as a whole, experts have s...
European Union, EU

22 August, 2017

Amended Shareholder Rights Directive implemented

A new EU directive, which aims to encourage effective and sustainable shareholder engagement in listed companies, was given the green light this summer, after
Sterling, pound

18 August, 2017

‘Shareholder spring’ dents FTSE100 remuneration rise

A reprise of the "shareholder spring" last year has seen more modest remuneration for the UK’s top company directors, according to research from the Investment Association. However, dissent among th...
Specialist Pay Consultants, remuneration

17 August, 2017

Specialist pay consultants and their relationship with the Remco

In recent years, two questions have become prominent in companies’ discussions on governance: How much should we pay executives, and how should we pay them? In answe...
PwC, pricewaterhousecoopers

17 August, 2017

PwC hit by another £5m fine after admitting failures in RSM Tenon audit

A second £5m fine has hit Big Four accounting firm PwC in four months, issued by the Financial Reporting Council (FRC) over its role as auditor of collapsed fellow accountants RSM Tenon. PwC and s...
Telit Communications, Oozi Cats, Telit

14 August, 2017

Telit CEO Oozi Cats resigns over historic US fraud allegations

Oozi Cats, the CEO of global "Internet of Things" business Telit Communications, has resigned over allegations that he is wanted in the US for wire fraud. Cats resigned after an independent review ...
Unilever

10 August, 2017

Unilever looks to improve governance with €450m preference share buyback

Unilever has launched a €450m (£407m) deal to buy back preference shares, a move it believes will improve its capital structure and corporate governance. The vast majority of the preference shar...
Tech Data, FRC

9 August, 2017

Ex-Tech Data finance director banned from accounting membership

The former finance director of Tech Data Limited has been banned from membership of his accountancy association for ten years and fined nearly £36,000 for his role in the preparation of his former em...
Sports Direct, Keith Hellawell

4 August, 2017

Major investors ditch Sports Direct holdings as governance concerns continue

Major investors have divested their holdings in Sports Direct, as the retailer continues to battle to convince the markets that it has improved its governance. Standard Life has sold its 5.8% holdi...
executive pay, pay, remuneration, pay ratios, corporate governance, finance

3 August, 2017

FTSE100 CEO pay falls but much further to go, say governance experts

A fall in the average FTSE100 CEO pay packet has been welcomed as a “step in the right direction”, although the ratio between them and the pay of their employees remained extremely high at 129 to ...