Paper examining trends in compliance with directors' remuneration reporting requirements, shareholder voting and company directors' pay.
This paper considers how companies and shareholders have responded to new requirements on the reporting and governance of directors’ pay introduced in the Large and Medium-Sized Companies and Groups (Accounts and reports) (Amendment) Regulations 2013.
It examines the level of compliance with the regulations amongst a selection of UK incorporated companies listed on the London Stock Exchange.
It also examines voting results of the policy and report votes from the 2014 season, in the context of the 4 previous years’ votes, with a particular focus on turnout and dissent levels. It presents some analysis of recent developments in the structure and levels of directors’ remuneration more generally.