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THE BUCKS STOP HERE: PRIVATE SECTOR EXECUTIVE REMUNERATION IN AUSTRALIAPosted: 23 May 2003Author: Glen Hugo Position: Organising Assistant Organisation: Unions NSW Online
SummaryA REPORT PREPARED FOR THE LABOR COUNCIL OF NEW SOUTH WALES By John Shields, Michael O’Donnell & John O’BrienThe Unions NSW commissioned the authors to look behind the current debate on executive pay levels to gauge whether Australian executives are delivering value for the ever-increasing investment from shareholders. In particular we were asked to consider the use of share options, ostensibly as a way of linking executive rewards more closely to growth in 'shareholder value'. This research fills a gap in existing understanding of executive remuneration by analysing the actual performance of executives and the organisations which they head in light of their salary and non-salary packages. More information The Buck Stops Here Report on Executive Pay [ pdf ]
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