04 July 2012
White Paper: Executive Compensation: Reward for success not failure
The current “shareholder spring” suggests that shareholders have finally had
enough of executives who persist in rewarding themselves for sub-standard
Reform of executive compensation is clearly necessary, but we must
also ensure that the UK remains an attractive and competitive place to work and
do business. It is important that compensation can be structured to incentivise
and reward good performance. After all, rising profits justify rising compensation
and where that is the case shareholders have generally been happy to approve the
We argue that four things must be done.
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