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Cameron promises powers to limit executives' pay
BBC
Quote:
David Cameron has promised shareholders a binding vote on executive pay, in an effort to deal with excessive salaries.
The prime minister told the BBC there had been a "market failure", with some bosses getting huge rises despite firms not improving their performances.
He also pledged to tackle large payouts for executives dismissed because of poor performance.
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About time this happened - there has been (mostly) no connection between success and reward; risk and reward were de-coupled, with the outcomes we have seen.
Here's the interview at source - Telegraph
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