March 2012
Beginner
623 pages
35h 9m
English
Content preview from Business Ethics and Corporate Governance, Second Edition
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EXECUTIVE PAY, AN UNSETTLED ISSUE
Executive compensation is still an unsettled issue. There is a controversy regarding the quantum of directors’ remuneration, which, however, is not a corporate governance issue. The size of compensation is related to several factors relating to the corporate in question and even to external factors. As discussed earlier, the key corporate governance issues in the matter of directors’ remuneration are: (i) transparency; (ii) pay for performance; (iii) process for determination; (iv) severance payments and (v) pensions for, non-executive directors.
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