Rethink boards' rewards, says CIMA.
Position | First in... - Chartered Institute of Management Accountants - Brief article |
Directors' bonuses are hitting the headlines again and a CIMA report has urged firms worldwide to review their remuneration schemes to consider their impact on society and ensure that boardroom rewards are reported appropriately. "Executive remuneration schemes and their alignment with business sustainability" outlines how firms should harmonise their reward practices with long-term corporate strategy. It includes advice on how to reassure stakeholders that directors' incentives reinforce responsible behaviour.
The report suggests that executive...
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