Shareholders are increasingly pressuring companies to lower board remunerations, among others.
For Borja Miranda, Managing Director at Morrow Sodali, it is essential to provide these shareholders with enough quality and transparent information regarding company remunerations as they seek to evaluate how adequate, scalable and demanding these are and how well these processes are managed.
In an article published in Cinco Días, Borja Miranda points out that "this lack of information translates into a lack of trust in the company, hence reflected in the shareholder vote at the annual meeting."
Read more (in Spanish only): here
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