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ACCA P1 lectures P1 notes
February 10, 2015 at 6:01 am
Sir, who appoints the directors of a company? is it the shareholders? But in reality it is the Board of Directors and they only seek the approval of the shareholder?
Am I right as per the video lecture?
March 17, 2014 at 3:37 pm
The lecturer said the remuneration committee (in which mostly are NEDs) decide the executives’ remuneration, however what confuses me is that, as mentioned in the video, the NEDs’ remuneration is in turn decided by the executives. It seems to me that it has the same drawbacks as ‘cross directorship’?evaluating each other’s performance? I hope i am making myself clear. 😛
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