Divisions over expanded company reporting, executive pay in NZX governance review

Tue, 12 Apr 2016

By Paul McBeth April 12 (BusinessDesk) - Institutional investors and listed companies were split on NZX's proposal to introduce more transparent reporting of non-financial measures and executive pay, submissions show. The stock market operator today released submissions on proposals to broaden governance rules for listed companies, before a wider review of listing rules this year. NZX wants to bring governance into line with best practice, based on Financial Markets Authority guidelines and those adopted by the ASX. Among the proposals wa...

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