The government says new legislation will put the onus on listed companies to make sure they have provisions to clawback bonuses and other pay from executives.
The federal government’s populist approach to executive remuneration will further complicate the issue for all concerned.
The dust is still settling on the issue of executive remuneration after the post-GFC outpouring of shareholder anger.
The government may have further inflamed the simmering debate over executive remuneration.
Australia’s corporate governence framework rates highly, a new report has found.
© Business News 2017. You may share content using the tools provided but do not copy and redistribute.