This package of reforms will address failures in corporate governance by empowering shareholders to engage effectively with companies on pay. It will:
- Give shareholders binding votes on pay policy and exit payments, so they can hold companies to account and prevent rewards for failure
- Boost transparency so that what people are paid is easily understood and the link between pay and performance is clearly drawn
- Ensure that reform has a lasting impact by empowering business and investors to maintain recent activism.
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Press Release.
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