Credit Suisse has released a research note stating that a large number of ASX 100 companies are understating the value of performance rights or shares they are granting to executives under long term incentive plans.
Do Robust Incentives Drive IPO Success?
Private equity (PE) backed IPOs have tended in our experience to adopt a more proactive and robust management incentive framework pre-IPO. Given the nature of
TSR Tracking: Index vs Select Peer Group
We look at the difference a tailored comparator group can make in determining vesting entitlements using a relative total shareholder return hurdle.
KMP Report No. 9 : More Work Needed to Link Pay and Performance
Although Directors believe executive pay models have changed for the better following the introduction of the two strikes rule, they are less certain that the rule has helped foster pay for performance.
TSR Tracking – Inclusions and Exclusions
Any inclusions or exclusions from an index comparator group may affect long term incentive plan vesting.
Fair Value Analysis Shows Grant Inflation
A new report from ISS on the use of fair value for the allocation of equity to executives echoes our opinions.
ASX Corporate Governance Principles and Recommendations
The ASX Corporate Governance Council has released the final version of its Corporate Governance Principles and Recommendations.
Succession the Hot Spot for Investors
AMP Capital has released its 2013 full-year report on corporate governance.
Recent Draft Tax Ruling
We discuss the remuneration implications of the ATO’s draft ruling on the tax consequences for employers, trustees and employees who participate in an employee remuneration trust (ERT) arrangement.
EU ups the Ante on Pay Regulation
The EU is signalling more remuneration regulation.