How to stop your business from getting a soggy bottom Great British Bake Off (GBBO) is unquestionably one of the most popular shows on television. It attracts 13m viewers and appeals to the whole family and has done this more successfully than anyone else for six years. In fact, I’d even go as far to wager that a considerable number of you reading this now might [...]
Will annual binding votes on executive pay actually discourage short-termism in large firms? Mark Goyder, chief executive of Tomorrow’s Company, says Yes. Remuneration structures are one cause of short-termism. Others include short chief executive tenure, threats from opportunistic shareholders, noise created by sell-side research, and the marketing need for fund management companies to demonstrate performance. Listed companies can move away from the madness with three steps. First, in its [...]
