Companies: Executive Remuneration Debate

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Lord Borrie

Main Page: Lord Borrie (Labour - Life peer)

Companies: Executive Remuneration

Lord Borrie Excerpts
Wednesday 13th June 2012

(12 years, 4 months ago)

Lords Chamber
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Lord De Mauley Portrait Lord De Mauley
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Presumably unless they are quoted, my Lords. Institutional shareholders are showing a great deal more interest in taking action on this than they have previously, and we have every hope that they will take advantage of the tools that we propose to give them.

Lord Borrie Portrait Lord Borrie
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My Lords, what is the Government’s attitude to establishing by law a multiple of the lowest paid in a company or institution beyond which the salary of no other person in the company or institution should go?