Bad bosses have to repay their bonuses after crises and collapses, to restore trust in British business and stop rewards for failure, some of the largest investors of the country demanded.
Top managers saw their salaries back in recent years in response to pressure from investors and the public, but investors, business groups and paid consultants told the deputies is only the first step towards a more sustainable reward system. One important step to ensure the company can pick up awards for the leaders who later turn out to have bad, misbehaved and led the company to collapse.
“As a result of the collapse of the bell tower, we believe that [the UK corporate governance] code should…
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