Share holders to have control over Directors' pay

[LisaContractorUmbrella]

http://www.bis.gov.uk/assets/biscore...ide-to-reforms

What do we all think? Personally I think the Government should get its own house in order before dictating to others

[SimonMac]

Thank fook I get on so well with my shareholders )

[Nixon Williams]

This is all just part of the growing anti-business agenda that it common at the moment.

Having said that, there have been some cases of remuneration that is out of sync with how the company is performing, shareholder are the people who own the company so they should be able to vote for what the officers are paid.

As most PLC's are owned by institutions, then the boards will simply have to involve them more when setting levels of pay for directors.

[AtW]

Shareholders are the actual owners, it's up to them to decide how things are run - directors who can't convince shareholders of their worth should find another job or start their own company where they have enough shares to vote their pay through.

[Wanderer]

What do we all think? Personally I think the Government should get its own house in order before dictating to others

I agree. Let's take it one step further and let the tax payers decide how much to pay the government.