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Oral question asked in the House of Lords, by Lord Clinton-Davis (Labour). It was answered by Lord Sainsbury of Turville (Labour) on Tuesday, 17 June 2003.


Sainsbury of Turville, Lord

Question
What additional steps they propose to empower shareholders to act when they consider that pay packages proposed for executives are to generous. - Inc ref to the consultation document "Rewards for Failure": Director's Remuneration - Contracts, Performance and Severance.

Secondary information

Type
Oral question
Reference
649 c660 
Session
2002-03
Oral question type
Lead
Chamber / Committee
House of Lords chamber
Subjects
Companies Directors Pay Redundancy pay Standards Shareholders Performance appraisal