Thinktank criticises the Financial Reporting Council for deleting ‘pretty tame’ measures related to ESG from the latest version.
Top CEOs will have earned more than a typical UK worker’s median annual pay by lunchtime on 4 January, thinktank estimates.
In the FTSE 350, the median chief executive’s pay was 57 times that of the median employee in 2022, up from 56:1 the previous year.
FTSE 100 saw median pay for chief executives up 16% from 2021 to 2022, High Pay Centre think tank research shows.
Investors’ dissent is predicted to remain high for this year’s AGM season, according to the register of shareholder revolts.
Church of England investors to vote against oil directors; US civil unrest; FRC to probe Deloitte; are UK execs better off in the US?
According to the High Pay Centre, there is scant evidence that paying executives more will help the economy and companies should grow talent.
Fund calls for ‘mindful’ pay ratios, showing executive pay is now firmly an issue for investors as the cost-of-living crisis bites.
US shareholders to target boardroom idlers; call for a debate on the concept of ESG; High Pay Hour 2023; Germans get ahead on due diligence.
Claim that windfall tax would hurt clean energy investment shows the change in mentality towards purposeful business isn’t taking root.