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is not best placed to deal with complex contractual issues because its focus is on the rules, not the spirit of the wording," he said. "It would be totally impractical for the law courts to pass judgment on whether a chief executive has failed.""Major firms fish for talent in a global pool," Jones added. "If UK terms and conditions are less favourable, management talent will go elsewhere." Author:  Management lan poker Issues News RELATED ITEMS SINCE THIS FIRST APPEARED France to lan poker outlaw 'rewards for failure' The unacceptable face of capitalism Fat-cat scandals are damaging corporate lan poker reputation Performance-related pay or fat-cat clap-trap? CBI calls for curbs on 'rewards for failure' 'Boardroom hypocrisy' as directors feather their pension nests Boardroom pay soars as share prices plummet Public trust in big business collapsing RELATED ITEMS EARLIER ARTICLES Chairmen oppose Higgs proposals CEOs slow to learn the CSR lesson Rating corporate governance Review recommends major boardroom changes City big guns seek to limit rewards for failure Executive pay to rise as penions get squeezed Directors' salaries continue to soar Satisfied with the job, but not with the management EXTERNAL LINKS Confederation of British Industry
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