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Written question asked by Lord Mendelsohn (Labour) on Tuesday, 3 May 2016, in the House of Lords. It was due for an answer on Tuesday, 17 May 2016. It was answered by Baroness Neville-Rolfe (Conservative) on Thursday, 12 May 2016 on behalf of the Department for Business, Innovation and Skills.


Managers: Pay

Question

To ask Her Majesty’s Government whether it is their policy, in circumstances where more than 50 per cent of shareholder votes oppose executive pay awards, that the companies' boards should take note.

Answer

It has not proved possible to respond to this question in the time available before Prorogation. Ministers will correspond directly with the noble Lord.


Secondary information

Type
Written question
Reference
HL8135
Session
2015-16
Subjects
Pay Managers Shareholders
Link
View this Written question on www.parliament.uk