Directors Remuneration

Essay specific features

 

Issue:

Business

 

Written by:

Mike B

 

Date added:

April 27, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1401

 

Was viewed:

3091 times

 

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Essay content:

Thus the non executive directors devote very little time to company affairs ( only attend board meetings, committee meetings of which they are members or sometimes pay a visit to the company premises for getting knowledge of how things are done). The board membership, irrespective of executive or non executive membership, is very crucial in the governance and management of the company...
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However, as the duties and responsibilities of directors vary according to their type of directorship; the rewards should also match the responsibilities carried out and be in line with the performance shown over period of time. Board membership carries responsibilities that involve a lot of risks, and no body will be motivated to set on the board unless there are some justifiable lucrative rewards for being on the board...
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