Business Services Industry
Directors' fee: The burning issue, INVESTOR DIGEST
Investor Digest (Malaysia), June, 2002
Investor Digest (Malaysia) 06-16-2002 AS THE LOCAL CORPORATE SCENE strives to achieve greater transparency, independent non-executive directors will play a greater role in promoting corporate governance. Should their pay packets be adjusted to reflect the new status quo? There is no gainsaying that directors, particularly independent non- executive directors and chairmen, can play a pivotal role in determining corporate health and transparency.
As the climate shifts towards a higher quality of disclosure and greater corporate accountability, are directors equipped to deal with their more demanding roles? And are they being sufficiently compensated for the risks they run? Without linking duties and responsibilities to compensation, there is no way of...
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