Executive compensation schemes do not encourage senior managers to perform
better, because directors do not understand how the criteria relate to their
PricewaterhouseCoopers executive compensation partner Tom Gosling told the
Financial Times that even the most commonly-used schemes were
unsuccessful in aligning pay with performance over a sustained period.
While cash bonuses make up 23% of remuneration, a figure that is rising,
shares and options account for 36% of executive earnings.
In the past year, only four FTSE 100 CEOs did not receive a cash bonus amidst
all others whose annual compensation, including bonuses, ranged from ?1.75m to
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements