The credit crunch is no longer breaking news, but the headlines have not lost their force and executives at many of the world’s top companies continue to feel pressure. The recession is likely to overshadow Europe’s economies for another nine months, public opprobrium remains high and governmental interference looms.
Scrutiny of executive remuneration packages has never been more intense. From the G20 and its endorsement of the Financial Stability Forum’s principles for “sound compensation practices” to the worker who fears redundancy, everyone has an opinion.
