Pay and Accountability

Governance Watch - Issue 67

Governance Watch - Issue 67

Pay and Accountability

We might have “turned the tide” in the fight against coronavirus, as UK Prime Minster Boris Johnson said at Tuesday’s media briefing, but the prevailing sentiment in the country from boardrooms to active working living rooms remains one of uncertainty. We do not know how long the pandemic will rule our lives or how extensive the economic damage left in its wake will be. But we can reaffirm what we deem acceptable standards of corporate behaviour, and a sharp critical focus of corporate governance must inevitably remain on pay.