With governments around the world taking action to clamp down on “excessive” executive pay, companies will find it increasingly difficult to maintain a consistent approach to remuneration policy compliance, according to law firm Clifford Chance.
The firm has published a briefing note that analyzes the legal and regulatory response to concerns about pay levels in five key jurisdictions: the United States, Germany, France, the U.K, and the Netherlands. It also looks at what the European Commission has said on executive pay.
