BCA warns pay vote raises legal issues

BUSINESS Council of Australia president John Schubert has expressed concerns over the federal government's proposal for a non-binding vote by shareholders on remuneration of senior company managers.

BCA warns pay vote raises legal issues BCA warns pay vote raises legal issues BCA warns pay vote raises legal issues BCA warns pay vote raises legal issues BCA warns pay vote raises legal issues

Schubert said while business understood the current angst over executive pay, particularly around disclosure and termination payments, the proposal would not contribute to improved remuneration

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