TITLE

Getting tough on fat cat failures

AUTHOR(S)
Mordue, Christopher
PUB. DATE
July 2003
SOURCE
Employers Law;Jul/Aug2003, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Focuses on the limitations in the proposals of the British government in its attempt to express its desire to link executive pay-offs to work performance in order to end the practice of payment for failure as of July 2003. Terms of the Private Member's Bill proposed by Member of Parliament Archie Norman; Requirement in the effective linking of executive performance to severance pay practices; Risk posed by companies in inflating remuneration packages. INSETS: Feedback on factors restricting fat cats;The voluntary approach.
ACCESSION #
10676018

 

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