Portal de Periódicos da CAPES

The Greenbury Report on directors’ remuneration

1996; Emerald Publishing Limited; Volume: 17; Issue: 1 Linguagem: Inglês

10.1108/01437729610110585

1758-6577

James J. Hughes,

State Capitalism and Financial Governance

Discusses the recommendations of the Greenbury Committee on the remuneration of directors in public companies. Specifically comments on the following issues: the establishment, membership and status of remuneration committees in public companies; the determination of remuneration policy for executive directors; the disclosure and approval of the details of remuneration policy; the length of service contracts and the determination of compensation when these are terminated. Suggests that progress in implementing them should be monitored, given the importance of the Greenbury proposals.