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World Languages, 01.12.2020 16:40 josha43
How would the principle that directors' pay should be linked to performance actually affect the performance of the company in the short term and over the longer term? Explain the principles of agency theory and discuss the ethics of directors being able to decide their own remuneration, albeit through a remuneration committee. What mechanisms exist for dissatisfied shareholders to prevent what they see as excessive rewards to directors?
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