UK boardrooms are today being given the clearest indication yet on executive pay and effective performance by institutional investors, with the publication of two reports from the ABI, the UK’s leading shareholder group.The ABI’s first report on Board Effectiveness and the revised Principles of Remuneration both help companies to better understand the views of institutional investors on effective boardroom performance and executive pay.
The ABI report on Board Effectiveness focuses on three key issues that help make an effective board:
• Board Diversity – including women in the boardroom
• Succession planning – board engagement in planning for succession for all senior management
• Board evaluation – including discussions on risk management, corporate strategy, geographic markets of operation and reporting
See full Press Release.
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