executive pay

Governance Watch - Issue 54

Governance Watch - Issue 54

Inequality 

OECD figures suggest that the UK has among the highest levels of income inequality in the European Union (as measured by the Gini coefficient), although income inequality is lower than in the United States, says a research briefing from the UK Parliament in March 2019. This week the think-tank the Institute of Fiscal Studies (IFS) announced the IFS Deaton Review, a major five-year investigation into whether there is a systemic bias in the country towards inequality. It has enormous implications for our thinking on a wide range of things, from public policy to societal behaviour and to the design of corporate governance and attitude to corporate behaviour.

Governance Watch - Issue 5

Governance Watch - Issue 5

Executive Pay

There has been no shortage of headlines screaming of shareholder and stakeholder concern around levels of executive pay at publicly listed businesses. This concern has also been reflected in the UK Government’s consultation on corporate governance reform, and the report from the Parliamentary Select Committee, just out.

Governance Watch - Issue 3

Governance Watch - Issue 3

Executive Pay

Surely they weren’t ‘burying the news’?

On Budget Day the loss-making Royal Bank of Scotland announced it had awarded bonuses in deferred shares amounting to almost £16 million to its top management team – just a little less than the £17.4 million that was awarded a year ago.