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NED\'s Remuneration

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › NED\'s Remuneration

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.
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  • March 10, 2017 at 3:58 pm #377539
    hemraj123
    Member
    • Topics: 110
    • Replies: 188
    • ☆☆☆

    Sir, if NED’s fix the remuneration of executive directors then who fixes the remuneration for NED’s?

    Thanks

    March 10, 2017 at 5:04 pm #377595
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10589
    • ☆☆☆☆☆

    The UK Corporate Governance Code states that the board and shareholders should determine the NEDs’ remuneration. NEDs’ remuneration consists of a basic salary or fee with no performance related element.

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