Revised remuneration policies will be on the agenda for many companies in 2020
18 January 2020 Articles
Ahead of the upcoming AGM season, companies will face new regulatory requirements due to the entry into force of a new EU directive and the new “say on pay” model whereby a firm's shareholders have the right to vote on the remuneration of executives.
From this year, for listed companies, the vote on the remuneration policy will take effect and be advisory rather than binding. Therefore, increased transparency is expected on compensation.
Fabio Bianconi, in an article published by Milano Finanza, argued that, based on the new regulatory framework, "the remuneration policy will represent a sort of summary document on the performance of a company, as well as a check to assess alignment among incentive scheme and business targets. Institutional Investor will increasingly take into account executive remuneration in their investment decisions."
Read the full article here.
Topics
Related News
Institutional Investor Research Podcast with Christian Sealey and Dominic Henderson
23 July 2024
Blue chip, more support from shareholders for remuneration policies
28 June 2024
Shareholders in Brazil are less inclined to increase executive salaries
11 June 2024
Banco Sabadell to file a complaint with the Spanish National Securities Market Commission (CNMV) alleging that BBVA violated takeover regulations
10 May 2024
Media enquiries
To contact our global experts for comments please get in touch below.
Contact us chevron_right