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Written question asked by Jim Dobbin (Labour) on Thursday, 25 May 2000, in the House of Commons. It was due for an answer on Thursday, 15 June 2000. It was answered by Kim Howells (Labour) on Thursday, 15 June 2000 on behalf of the Department of Trade and Industry.


Dept of Trade and Industry

Question
To ask the Secretary of State for Trade and Industry, What measures he plans to introduce to increase shareholders' power in respect of setting directors' pay. (Failed OPQ).
Answer

Mr. Dobbin: To ask the Secretary of State for Trade and Industry what measures he plans to introduce to increase shareholders' power in respect of setting directors' pay. [124600] Dr. Howells: The Department of Trade and Industry published a consultation paper on directors' remuneration last year which put forward a number of proposals for improving disclosure of directors' remuneration and the board's accountability to shareholders. My right hon. Friend the Secretary of State for Trade and Industry will make an announcement shortly on the Government's response to the consultation.


Secondary information

Type
Written question
Reference
351 c694W; 124600
Session
1999-00
Question not reached
Yes
Subjects
Directors Pay Powers Shareholders
Link
View this Written question on www.publications.parliament.uk