Fixing the terms
The publication of the Higgs review and the arrival of the Combined Code on Corporate Governance will have a significant impact on the remuneration of company directors. Damian Humphrey and Natalie Mathison explain why
Following Derek Higgs’ Review of the Role and Effectiveness of Non-executive Directors and Sir Robert Smith’s Audit Committees Combined Code Guidance, July saw the publication of the Combined Code on Corporate Governance. The section dealing with remuneration, which is largely based on common sense principles, will interest human resources departments and their legal advisers.
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