"It's scandalous," Smith says. blues free catalog

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"It's scandalous," Smith says. "It was a reward for failure." The furor is largely a British free catalog phenomenon. On the Continent, pay and compensation packages tend to be lower and free catalog not subject to the same public scrutiny. German companies don't even need to publish details of executive remuneration, although pressure is growing on firms to do so. In France, a law passed in 2001 requires disclosure of top people's pay and severance packages at listed companies, free catalog but so far it has disclosed only a few cases of high pay for poor performance. Can legislation put the fat cats on a diet? Recent British shareholder activism has encouraged Trade and Industry Secretary Patricia Hewitt to prepare a paper looking at excessive board-room remuneration awards, but its ultimate recommendations remain uncertain. And in the end clever executives and accountants could find ways to circumvent legislation.
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