French nay on pay-cut
The controversy over Renault CEO Carlos Ghosn’s (pictured above) 2015 €7.2 million remuneration likely sparked revisions to France’s rules on compensation—including making say-on-pay mandatory and strengthening transparency rules. But so far, says Global Glimpses writer Paul Hodgson, Renault has no plans to change Ghosn’s compensation.
THIS IS MEMBERS-ONLY CONTENT
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
Related articles
-
Article
U.K. looks to make big changes in corporate governance
The United Kingdom seeks to update corporate governance regulations on three fronts: executive pay, the connection between boards and stakeholders, and applying the corporate governance codes of listed companies to large private firms. Paul Hodgson reports.
-
PremiumTop Ethics and Compliance Triumphs of 2025
This year’s compliance triumphs were all born out of compliance fails. In some cases, it was a regulator finding fault and demanding change. In others, acquiring companies noticed something a little fishy in their new acquisition. What formed a compliance triumph in every case wasn’t the mistake; it was the ...
-
OpinionMisused and abused: What the President’s pardon power would do to your compliance team
President Donald Trump’s unprecedented misuse and abuse of a pardon power that dates back 250 years serves as a real-world scenario of what can happen when a system of checks-and-balances – like, say, a corporate ethics and compliance program – is upended by a tyrannical executive.