Directors' remuneration and the DTI review of company law |
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| Authors: | Brian G M Main |
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| Institution: | Brian G. M. Main is Professor of Economics, University of Edinburgh Management School, and Director, David Hume Institute, Edinburgh. |
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| Abstract: | This article considers how directors' remuneration should be set. It does so in both general terms and in the light of the DTI (1999) paper entitled Directors' Remuneration. A Consultative Document . The DTI document forms part of a general review of company law that is being undertaken by the Department of Trade and Industry. This article explores the extent to which these government-directed developments can be seen as an extension of the Cadbury, Greenbury and Hampel Reports and the extent to which self-regulation as opposed to government regulation looks set to dominate this area. |
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