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Newsletters

The subject matter of this publication is not static, and related issues of concern or interest crop up frequently. The newsletters included here are a form of editorial by the authors of the publication offering comment and explanation of these issues as they arise.


The most recent newsletters are listed here by date order, the most recent one first.

New perspectives of performance

The performance scorecards applying to senior executives will surely need to be adapted radically in the wake of the King III Report. New perspectives will need to be added to the 'balanced scorecard'.

Understanding senior executive remuneration

Remuneration committees need to recommend two amounts of remuneration - 'on target earnings' and 'bonus potential', and they need to say whether the bonus potential should be capped.

The true impact of King III

The main impact of the latest report on corporate governance will be on the broader community of business people who serve as directors of closely-held private companies, who now have to bring their actions and their deeds in line with a code of 'best practice' that is likely to be upheld by our courts.

The case for imposing a ceiling limit on variable pay

It has for some time been an open debate as to whether a cap should be imposed on senior executive bonuses. Now there is pressure from a corporate governance perspective to do so.

No share options for 'independent' directors?

It is recommended by the King Committee in its latest report that share options should not be granted to independent non-executive directors. What can be done where a company wants to offer performance-related rewards to a non-executive director?
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