Research Student: Zhihui Li
The Problem of Executive Remuneration and Its Regulation
After the financial crisis, the excessive executive remuneration drew wide attention and outrage.
Neither current regulations nor market forces are capable of solving the problem sufficiently. The UK government has given shareholders a binding note on deciding firm’s executive remuneration in the Companies Act.
Is intervening the right way to solve the problem? This question will be explored along with what else can be done to resolve this issue.