In considering executive reward, stakeholders, be they shareholders, the Board, management, regulators or proxy advisers/consultants, often review information through a lens different to that of the Executive.
Author Archives: EGAN Associates
Recent Strikes Against Remuneration Reports
Two recent shareholder-initiated strikes, one at Telstra and the other at Tabcorp, potentially reflect different foundations leading shareholders to vote against their Remuneration Reports.
Pay Equity – Is the Landscape Changing?
As traditional employer / employee relationships evolve, so does the complexity of these relationships and this complexity may foster further triggers of pay disparity.
Hayne Banking Royal Commission Interim Report
The Banking Royal Commission’s Interim Report provided us with insights into two very different outcomes resulting from the activities of several financial services organisations.
ASIC Gives the Gift of Advice
Companies need to identify ways to make annual general meetings (AGMs) transparent, ethical, and effective.
Lessons from Banking Royal Commission
One of the questions raised by Rowena Orr, QC in the Banking Royal Commission’s session which took place on 27th April 2018 was “How can companies incentivise good quality advice where the best advice is to do nothing?”
The KMP Report: Non-Executive Directors’ Remuneration ASX Top 300 & NZ Top 50
Our review of Non-Executive Directors’ (NED) remuneration covering the ASX 300 and the NZX 50 through to the end of the 2017 calendar year reveals generally modest fee increases.
Executive Remuneration, Inequality and Productivity in the Spotlight
Following the recent decision of the Fair Work Commission in relation to minimum earnings, there has been a considerable amount of press comment and research data reflecting on the rate of growth in CEO reward.
CEO Pay in ASX 200 Companies
In recent weeks, the Australian Council of Superannuation Investors (ACSI) published their annual review of CEO pay in the ASX 200. Research is conducted on the organisation’s behalf by Ownership Matters, an Australian governance advisory firm.
The KMP Report: Cost and Complexity of Governance ASX Top 200
Our last research report dealing with the cost of governance was published in July 2014. Recent discussions arising from our advisory work and highlighted in Board responses from comments made by institutional investors and their advisers and issues recently arising in the Royal Commission into the financial services sector, have made several supplementary issues front and centre.