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22 Jan 2002
A survey of more than half of the UK's leading companies revealed there is expected to be a threefold increase in the number of companies offering shareholders a vote on boardroom remuneration.
The move, according to the Trade Union Congress, comes in response to government plans to introduce legislation next year making shareholder voting mandatory.
'Directions: Corporate Governance Issues' conducted by Edis-Bates Associate, secretarial consultants, found that 37% of FTSE 100 companies plan to offer a vote this year.
Massive payouts to financial directors were a highlight of the latest FD salary survey by sister publication Financial Director magazine, with five FTSE-100 FDs earning over £1m.
But in September last year, Trade and Industry secretary Patricia Hewitt hinted at government action to stop directors of failing companies getting big salary increases or huge payoffs.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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