Patel's proposals on pay will let shareholders hold boards 'to ransom', say directors

United States News News

Patel's proposals on pay will let shareholders hold boards 'to ransom', say directors
United States Latest News,United States Headlines
  • 📰 Fin24
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Binding votes and the removal of remuneration committee directors would go too far, say company directors.

The Institute of Directors and the King Committee on Corporate Governance strongly disagree with many of the new proposals by the government around the reporting and regulation of remuneration levels for listed companies and state-owned

enterprises, they said in a statement on Thursday. Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Fin24 /  🏆 21. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

| 'There's an art to it all': Tarina Patel's stunning looks at the Venice Film Festival| 'There's an art to it all': Tarina Patel's stunning looks at the Venice Film FestivalSouth African actor Tarina Patel has been slaying the red carpet every evening at the 80th Venice International Film Festival in showstopping gowns.
Read more »

| Kylie Jenner and Timothée Chalamet share PDA-filled moments during Beyoncé concert| Kylie Jenner and Timothée Chalamet share PDA-filled moments during Beyoncé concertKylie Jenner and boyfriend, Timothée Chalamet, were all loved up as they gave public displays of affection during Beyoncé's Renaissance World Tour performance.
Read more »

Man United share price tumbles with club sale in questionMan United share price tumbles with club sale in questionManchester United's valuation on the New York Stock Exchange plummeted by more than $700 million Tuesday after a British media report that the team's owners had halted plans to sell the club.
Read more »

300 occupants share one tap and one toilet in Joburg 'dark building'300 occupants share one tap and one toilet in Joburg 'dark building'Residents of the three-storey Express Building at 44 Nugget Street in downtown Johannesburg say they need help, not eviction.
Read more »



Render Time: 2025-03-01 19:38:01