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Executive Remuneration

In: Corporate Governance in the United Kingdom: Past, Present and Future

Author

Listed:
  • William Forbes

    (Loughborough University)

  • Lynn Hodgkinson

    (Bangor Business School)

Abstract

Concerns over levels and the nature of executive remuneration have been prominent in the press for the last decade. The ability for performance related pay to incentivise management has been questioned and, in particular, its tendency to encourage management to take risks has been considered one of the major causes of the financial crisis. This chapter examines recent research concerning these issues. The impact of recent legislation giving shareholders a binding vote on remuneration policy will be a fruitful area for research in the future.

Suggested Citation

  • William Forbes & Lynn Hodgkinson, 2015. "Executive Remuneration," Palgrave Macmillan Books, in: Corporate Governance in the United Kingdom: Past, Present and Future, chapter 6, pages 34-40, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-45174-3_6
    DOI: 10.1057/9781137451743_6
    as

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