控制高管薪酬（Controlling executive compensation）.docVIP

控制高管薪酬（Controlling executive compensation） No doubt, the shareholders and the public have lost confidence in the executive compensation system. Telstra has paid $about forty million to its former chief executive, Sol Trujillo, since Australias MFS company paid millions of Australian dollars in performance bonuses a few months before its collapse These costly emergencies once again aroused public anger at the greed of executives. However, director of Research Department of ANZ RiskMetrics governance consultant Laurence (Martin Lawrence) are not considered executives salaries caused by poor results, “ institutional risks certainly exist, but there are other problems, the salary is just a phenomenon and reason. ” The data collected by the Morgan Roy survey show that only 16% of Australians believe the CEO has a high sense of morality and integrity. Two other surveys show that 90% think CEOs pay is too high, and 75% think the government should set an upper limit on their pay. Although the Australian government is unlikely to establish a salary cap. But last year, the Productivity Commission made some recommendations on executive pay issues, which the government has responded to. Strict control of generous severance pay The Australian Prudential regulator (Australian Prudential Regulation Authority, APRA) has developed a salary guide. In addition, the Australian government has begun to strictly control the generous severance (golden handshake) and the rampant dismissal of charges, the provisions of these basic salary expenses shall not be more than a year (but not including stock options and other tools), and with the consent of the shareholders. The Productivity Commission report found that the average annual salary of CEO in the 20 largest companies was about $7 million 200 thousand, which is 110 times the average wage in australia. But within 20 large companies by the CEO annual salary of less than 1/3, is about $4 million 700 thousand. In the years before the financi