Still plenty of cream for fat cats

Article Abstract:

United Kingdom directors' pay has become more transparent, but sums paid have changed little, and very large payments are still common. British Aerospace chief executive, Richard Evans, received a 28% salary rise in 1997, with basic pay and bonuses both rising by similar amounts. The trend of higher pay is likely to continue, and it is stockholders who have to fund these pay rises, while executives may also be given stock options as well as higher pay.

Management Functions, United Kingdom, Management, Corporate governance

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Directors' pay: the solutions

Article Abstract:

Changes to the way directors' pay is set in the UK could include giving shareholders the opportunity to approve directors' pay by a vote at the annual general meeting. Other changes could include withdrawing annual bonuses, finalising exercise prices when an option is exercised and more restricted shares.

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It's good to talk

Article Abstract:

Issues relating to directors' pay at BT are examined in detail. Stockholders are called on to reject the policy toward renumeration of the company's directors.

Telecommunications, Telephone Communication, Telecommunications services industry, Telecommunications industry, British Telecommunications PLC

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