Cap On Ceo Salaries
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House panel recommends cap on CEO salaries
The top honchos of India Inc could soon see restrictions put on their fat pay checks if the ministry of corporate affairs has its way. A parliamentary standing committee on the company's bill 2009, chaired by former finance minister Yashwant Sinha has recommended a universal cap on the burgeoning pay checks of India Inc. "The committee...
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Parliamentary panel suggests cap on CEO salaries
Salaries of chief executives should be capped and shareholders should have a say in managerial remunerations, a parliamentary panel on the new Companies Bill has suggested.It has asked the Corporate Affairs Ministry to develop a "rational formula" for managerial remunerations."The committee is of the view that an overall outer ceiling on managerial...
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House panel recommends cap on CEO salaries
The top honchos of India Inc could soon see restrictions put on their fat pay checks if the ministry of corporate affairs has its way. A parliamentary standing committee on the company's bill 2009, chaired by former finance minister Yashwant Sinha has recommended a universal cap on the burgeoning pay checks of India Inc. "The committee...
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Parliamentary panel suggests cap on CEO salaries
Salaries of chief executives should be capped and shareholders should have a say in managerial remunerations, a parliamentary panel on the new Companies Bill has suggested.It has asked the Corporate Affairs Ministry to develop a "rational formula" for managerial remunerations."The committee is of the view that an overall outer ceiling on managerial...
