By Paul Hodgson – CCO and Senior Research Associate Last week I blogged on the plans of the new French Socialist administration to cap the pay of CEOs at 20 times that of the lowest paid worker at those companies in which the state owned a majority stake, as well as trying to impose the [...]
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French Government to Impose Pay Cap on CEOs
May 31, 2012 in CEO Pay, Daily Viewpoint, News and Opinions
By Paul Hodgson – CCO and Senior Research Associate The new socialist government in France – leading the way by taking a 30 percent pay cut itself – promised to impose pay limits on executives at companies in which it owns a majority stake, according to the Financial Times today. Pay will be capped at 20 [...]