ACCA - The global body for professional accountants

Cable takes important first step on board pay

The Government is heading in the right direction on board pay, says ACCA (the Association of Chartered Certified Accountants) Setting private sector board pay should remain a decision for companies themselves, but pay should always be balanced with shareholder value and company performance Vince Cable’s intervention comes at the right time, but it should be the first step in wider efforts to promote active shareholder engagement…

Global 24 Jan 2012