Big contributor to the problems around executive pay

Reference no: EM131048924

The following is an extract from the Sunday Times of 8 March 2009: Marc Jobling, the ABI's assistant director of investment affairs said: ‘Pay consultants are a big contributor to the problems around executive pay. We have heard of some who admit that they work for both management and independent directors - which is a clear conflict of interest and not acceptable. We believe that remuneration consultants, whose livelihood appears to depend on pushing an ever-upward spiral in executive pay, should be obliged to develop a code of ethics.' Discuss if you agree with the suggestion and, if so, what you would want to be included in such a code of ethics.

Reference no: EM131048924

Questions Cloud

Director pension entitlements for the year : The financial statements of AB, a listed company, disclose the following information on the Chairman's pension entitlements: (a) for the year ended 31 December 20X0 the pension fund is sufficient to pay the director a pension of £200,000 a year fro..

What smtp commands does the client need to pay attention : what SMTP commands does the client need to pay attention

Write two differant comments briefly on the given article : Read the following article "Retail Frenzy: Prices on the Web Change Hourly" By STEPHANIE CLIFFORD and make 2 differant comments briefly on the similarity with Prisoners Dilemma type games that in the attachment Chapter 15.

Event that made a significant impact on the country : Now that you have spent several months learning about your country, you will focus in depth on what elements have helped to shape its identity throughout history. For this paper you will choose either a notable figure in history or an event that m..

Big contributor to the problems around executive pay : The following is an extract from the Sunday Times of 8 March 2009: Marc Jobling, the ABI's assistant director of investment affairs said: ‘Pay consultants are a big contributor to the problems around executive pay. We have heard of some who admit ..

How mime deals with new or system : Consult the MIME RFC to find out how MIME deals with new or system-specific image and text formats.

Find an encryption utility onyour system : Read its documentation and experiment with it. Measure how fast it is able to encrypt and decrypt data. Are these two rates the same? Try to compare these timing results using different key sizes; for example, compare single-DES with triple-DES.

Exercise normative authority for christianity : How does the NT canon possess and exercise normative authority for Christianity - What it is about the history and exergesis of the canon that raises questions about the canon''s normative authority.

Do a consumer behaviour audit for a specific product : I need to do a consumer behaviour audit for a specific product or service, covering the following aspects: Internal Influences on Consumers, External Influences on Consumers and Market segmentation

User Account

All Pages