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06 Oct 2003
While acknowledging that there was a problem with 'rewards for failure', the IoD said legislating on the matter was 'inappropriate', particularly the limiting of directors' contracts to one year, the IoS reported yesterday.
It warned that plans to phase compensation payments to sacked directors could lead to higher base salaries for directors as well as result in disputes over pay.
Rather the IoD believes the issue should be solved through 'transparency of reporting and shareholder involvement'.
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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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