Executive Compensation is New Hot Button Corporate Governance Issue

  • By: Staff Editor
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Yesterday the EU announced its plan to limit bonuses for bankers – the union said that bankers’ annual bonuses should not exceed their annual salaries. The limited bonus plan is a further requirement for banks to follow in order to comply with Basel III and aims at curbing the kinds of risks that bankers have taken in the past to further profit (and led to the recent financial crisis).

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