A Proposal to Curb Excessive Executive Remuneration

Journal Article

2006

Permanent link to this Item
http://hdl.handle.net/11427/18899
 http://www.ufh.ac.za/speculumjuris/files/pdf/SpeculumJuris_2006_Part_2.pdf
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SpeculumJuris_2006_Part_2 - Ncube.pdf (163.06 KB)
Authors
Ncube, Caroline
Journal Title

Speculum Juris

Link to Journal
http://www.saflii.org/za/journals/SPECJU/
Journal ISSN
Volume Title
Publisher

Nelson R Mandela School of Law

Publisher

University of Cape Town

Department
Department of Commercial Law
Faculty
Faculty of Law
License
Series
Abstract
In the light of the King Report on Corporate Governance (King I) of 1994, existing vacuum concerning directors’ reports in the South African corporate law, this paper makes recommendations for curbing excessive remuneration for directors of companies. The paper supports the argument that excessive rise in directors’ remuneration will be curbed by introducing an advisory vote on directors’ remuneration similar to that introduced in the United Kingdom (UK) since there is evidence that the UK approach is proving successful and South African shareholders have voted against excessive directors’ pay.
Description
Keywords
South Africa
Corporate law
directors' remuneration
corporate governance
UK

Reference:

Ncube CB ‘A Proposal to Curb Excessive Executive Remuneration’ 2006 (2) Speculum Juris 259

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