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dc.contributor.authorGheyoh Ndzi, Ernestine
dc.contributor.authorRoach, Lee
dc.date.accessioned2015-06-24T07:35:59Z
dc.date.available2015-06-24T07:35:59Z
dc.date.issued2014
dc.identifier.citationGheyoh Ndzi , E & Roach , L 2014 , The Role of the Law in the Determination of Executive Remuneration . in Procs Annual International Conference on Law, Economics and Politics : AICLEP 2014 . FLE Learning Ltd , pp. 29-39 , Annual Int Conf on Law, Economics and Politics (AICLEP 2014) , Oxford , United Kingdom , 1/09/14 . < http://aiclep.flelearning.co.uk/aicl-2014 >
dc.identifier.citationconference
dc.identifier.isbn978-0-9930368-0-4
dc.identifier.urihttp://hdl.handle.net/2299/16075
dc.description.abstractExecutive remuneration has been a contentious issue in the UK since the early 1990s. The lack of link between executive pay and company performance has been the shareholder’s concern. The law makes no provisions on how executive remuneration should be determine, rather it takes a corrective approach when executive pay levels are high through remuneration disclosure requirement, shareholder vote, and other remedies available to the shareholders. The effectiveness of the role of the law to influence executive remuneration pay setting is examined in this study. The study found that firstly, disclosure requirements tends to favour high executive remuneration levels. Secondly, shareholders are not using the voting powers vested on them to influence the remuneration setting process. Finally, the courts are reluctant to interfere in executive remuneration setting process. This indicates that the role of the law is unable to influence the pay setting process and curb excessive executive payen
dc.language.isoeng
dc.publisherFLE Learning Ltd
dc.relation.ispartofProcs Annual International Conference on Law, Economics and Politics
dc.titleThe Role of the Law in the Determination of Executive Remunerationen
dc.contributor.institutionHertfordshire Law School
dc.contributor.institutionSocial Sciences, Arts & Humanities Research Institute
dc.identifier.urlhttp://aiclep.flelearning.co.uk/aicl-2014
rioxxterms.typeOther
herts.preservation.rarelyaccessedtrue


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