PIRC has published the latest edition of its share owner voting guidelines: see here. Opposition to all new long-term incentive plans is recommended because, in PIRC's view, they are not long-term and do not incentivise. PIRC is also calling for greater scrutiny of remuneration consultants and companies' use of International Financial Reporting Standards.
Friday, 22 February 2013
UK: PIRC recommends opposition to all new long-term incentive plans
PIRC has published the latest edition of its share owner voting guidelines: see here. Opposition to all new long-term incentive plans is recommended because, in PIRC's view, they are not long-term and do not incentivise. PIRC is also calling for greater scrutiny of remuneration consultants and companies' use of International Financial Reporting Standards.
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