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. The committee which helps provide a formal and transparent procedure for the setting of executive directors' remuneration is the ________ committee.

Your response

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. Various performance measures may be used to help ensure that directors' remuneration is perceived as fair and appropriate and in keeping with the directors' and company's performance. There are three broadly conceived types of measures: accounts-based measures, individual-based measures, and __________ measures.

Your response

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. When directors leave a company after failing to meet their targets, they may receive large pay-offs which are termed _________ goodbyes.

Your response

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. In general it is not considered a good idea to remunerate non-executive directors with share ________. ________.

Your response

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. Shareholders in many countries now have a _____________, either in the form of an advisory or a binding vote, and seem increasingly active in expressing their dissent on executive remuneration. Alongside this, several countries including the UK and the US now mandate the disclosure of pay ratios which serve to highlight the difference in pay between the CEO of a company and that of the average worker in the company.

Your response