The Agenda is our must read summary of issues concerning Boards of Directors and Government.
Egan Associates has analysed votes against the remuneration report at the Annual General Meeting across the ASX top 500 companies by market capitalisation to examine any trends.
It is our observation that wealth creation and provisioning for a comfortable retirement is in part being supported through public company executive participation in equity based incentive plans.
ACSI has released its annual 2014 study into Board Composition and Non-Executive Director pay in ASX 200 companies, which provides insights into gender, board size, independence, new entrants, tenure and director fees.
ACSI’s 2014 study of CEO pay in the S&P/ASX200 is the first to include comparisons of realised and reported pay for all CEOs in the sample.
Almost two years after its initial proposal, the United States and Securities Exchange Commission (SEC) has approved a rule that requires a public company to disclose the ratio of pay of the CEO to the median compensation of its employees.
While equal reward for equal work represents a desirable social policy, measuring equality of both inputs (accountability and working conditions) and outputs (the value of experience, competencies and performance) adds complexity which must embrace acceptance of a limited differential favouring either gender.
Listed companies adopting deferral as an element of their annual incentive plan use varying equity instruments to match the deferral incentives.