Directors’ remuneration has never been more in the public domain. The so-called Shareholder Spring, although not on the same scale as the Arab Spring, has caused many companies to rethink their approach to remuneration and how they communicate with their shareholders.
The Companies Act 2006 and subsequent changes, together with the financial crisis have further pushed directors' remuneration to the forefront of company law.
Directors’ Remuneration Handbook is a new book that explains the complexities of directors’ remuneration in simple terms. Providing a source of reference for key legislation and best practice guidance, it includes coverage of the Directors' Remuneration Report Regulations, first introduced in 2002, and substantially revised in 2012, requiring all quoted companies to publish all details of pay in their annual accounts.
Other key legislation and regulation covered, includes:
- Companies Act 2006
- The Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations (2008 No. 410)
- The (prospective) Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations (2013)
- FSA Listing Rules
- FSA Remuneration Code
- UK Corporate Governance Code
- Institutional Shareholders Codes of Best Practice (ABI, NAPF, PIRC, QCA, IoD, Hermes, etc.)
Directors’ Remuneration Handbook will prove essential reading for company directors, company secretaries, HR professionals, lawyers, accountants, academics and students studying corporate governance, journalists and anyone else wanting a better understanding of the complex issues involved.
