Executive remuneration: changes in 2013

The case of Maidment v Attwood and Others supports the regulatory protections in place for shareholders and existing corporate governance policies. In line with these policies, the Government plans to implement further reforms regarding director’s pay, to take effect from October 2013. 

The reforms intend to ‘strengthen the hand of shareholders to challenge excessive pay’ and include the introduction of a binding vote on a company’s future pay policy. It will require the support of a majority of shareholders approve the pay policy. The vote will take place annually unless companies choose to leave their pay policy unchanged, in which case it will happen at least once every three years…

If you are registered and logged in to the site, click on the link below to read the rest of the Goodman Derrick briefing. If not, please register or sign in with your details below.

Click on the link above to download briefing.

News from The Lawyer

Briefings from Goodman Derrick

View more briefings from Goodman Derrick

Analysis from The Lawyer

  • blur

    Careers: Meet the Transformers

    The lure of the law can kick in at any stage of life. We speak to four individuals who have made a radical switch to a legal career

  • sapling

    Profit on the margins

    You don’t have to be a big firm to innovate and thrive in a downturn, as our look at the lower half of the UK 200 shows. We pick 10 inspiring stories

View more analysis from The Lawyer

Overview

10 St Bride Street
London
EC4A 4AD
UK
http://www.gdlaw.co.uk

Turnover (£m): 11.40
No. of Lawyers: 45