UK - There has been a step-change in the levels of directors' pay and incentives at FTSE100 companies, with base salaries for executive directors rising by 12.8% in 2001, according to Pensions Investment Research Consultants' (PIRC) latest corporate governance review.
The review analyses corporate governance structures, remuneration packages and proxy voting among 547 of the UK’s largest companies. Another notable discovery is that most companies have changed t...
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