Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Change to U.K. CEO pay or regulation seen as inevitable

Paul Hodgson | July 20, 2016

PwC’s latest report, called Time to Listen, is subtitled, “We need to find a way to respond to public concern about executive pay, or matters will be taken out of our hands.” It’s quite a warning, and, coming as it does on the heels of new Tory Prime Minister Theresa May’s remarks that she is going to take action, it’s a warning that should probably be heeded. In its introduction, the report says: “we believe a seachange is required in how executive pay is approached by companies and shareholders. Pay regulation is often counterproductive and we’re not convinced that more of it is the answer.”

The report draws its conclusions on the need to address income inequality from both its own research and the...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.