Summary
CORPORATE America has trumpeted the 'greed is good' mantra for decades, but the megabucks culture is becoming increasingly prevalent in British boardrooms.
It is not just the size of the executive payouts, but the frequency of the changes to remuneration policy that is raising eyebrows.See the full content of this document
Extract
The 'Creed of Greed' Seems Here to Stay ; City Focus
Annual reports released yesterday by FTSE giants EMI and Sainsbury, and by Marks Spencer last week, all reveal further tinkering to pay structures. Companies seem to be meddling with pay more frequently t...
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