Transparency on executive remuneration has pushed up the cost, director Tony Carter says

Sun, 04 Sep 2016

By Fiona Rotherham Sept. 5 (BusinessDesk) - An unintended consequence of more transparency over executive pay has been a rising corporate wage bill, says professional director Tony Carter. Executive remuneration is a thorny issue with the increasing gap between the pay packets of bosses and their workers causing protests and shareholder dissent globally. Carter, who chairs the Air New Zealand and Fisher & Paykel Healthcare boards and is a director of ANZ Bank New Zealand and Fletcher Building, told those attending the NZ Shareholders’...

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