Earlier this year, two business organsiations - Association Française des Entreprises Privées (AFEP) and Mouvement des Entreprises de France (MEDEF) - published a voluntary code for directors' remuneration: recommandations sur la rémunération des dirigeants mandataires sociaux de sociétés dont les titres sont admis aux négociations sur un marché régleme. A copy in English has now been published: click here. It has been reported in the Financial Times that 25 companies within the CAC40 have complied and the remaining are expected to do so.
Monday, 22 December 2008
France: directors' remuneration - MEDEF/AFEP code
Earlier this year, two business organsiations - Association Française des Entreprises Privées (AFEP) and Mouvement des Entreprises de France (MEDEF) - published a voluntary code for directors' remuneration: recommandations sur la rémunération des dirigeants mandataires sociaux de sociétés dont les titres sont admis aux négociations sur un marché régleme. A copy in English has now been published: click here. It has been reported in the Financial Times that 25 companies within the CAC40 have complied and the remaining are expected to do so.
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