An important role for the Board Remuneration Committee is to establish clarity with executives and shareholders around the primary levers that would support additional remuneration for key achievements during a Financial Year. What has emerged in recent years are concerns expressed by shareholders around the level of annual incentive payments, the performance criteria supporting incentives,… Read More
Reputation is said to be hard won and easily lost. When reputation is damaged in a corporate environment, scrutiny by regulators and shareholders, particularly when it impacts on the bottom line and/or market value, will often increase.
Treasury’s Banking Executive Accountability Regime (BEAR) provides food for thought for every enterprise looking to ensure KMP manage resources in the long-term interests of the organisation.
The NZX has released the final version of its updated corporate governance code, including recommendations for increased disclosure of executive remuneration.
The Agenda is our must-read summary of issues concerning Boards of Directors and Government.