The boss of Royal Bank of Scotland, Stephen Hester, has bowed to intense public and political pressure and given up a bonus worth almost ?1m. Hester’s decision came after Labour triggered a Commons custom essay

[pewslideshow slidename=anim2]

1. Describe the legal procedures and commercial practices involved in setting the remuneration of the executive directors of public limited companies.
2. Critically evaluate the full extent to which shareholders are legally empowered to challenge excessive remuneration paid to the company?s directors.
3. Comment, in general, upon the reasons for the apparent reluctance of institutional investors ever to challenge (what is in the eyes of the public) the excessive remuneration paid to CEOs, and, specifically, provide a considered explanation of why you think the Government was so reluctant to exercise its legal powers as a majority shareholder to challenge Hester’s controversial bonus.

Place an order of a custom essay for this assignment with us now. You are guaranteed; a custom premium paper being delivered within its deadline, personalized customer support and communication with your writer through out the order preparation period.

[pewslideshow slidename=anim3]

Use the order calculator below and get started! Contact our live support team for any assistance or inquiry.