Viewpoints: should Australian companies set executive pay to a US benchmark?
- Written by Julie Walker, Associate Professor in Accounting, The University of Queensland
It’s the time of the year when company boards and executives face their shareholders at annual general meetings. Boards will be asked to explain the pay packages of executives. Already some have been called into question.
Some Australian companies cite the need to rely on the United States as a benchmark when it comes to setting remuneration....