Wednesday, 16 May 2012

Europe: binding remuneration votes for shareholders?

In the autumn this year the European Union's Internal Market Commissioner, Michel Barnier, will publish proposals as part of the Commission's review of the EU corporate governance framework. An indication of what these might look is provided in comments made by Mr Barnier in an interview published in today's Financial Times newspaper: see here. Mr Barnier argues that listed company shareholders should be given a binding vote on remuneration.

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