remuneration committee

remuneration committee
A committee of a *board of directors (or similar governing body) that oversees an organization’s *executive remuneration policy. Remuneration committees are often comprised of *outside directors to encourage independence and to minimize potential *conflicts of interest.

Auditor's dictionary. 2014.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • remuneration committee — A board committee whose delegated responsibilities may include setting the policy for the remuneration of the executive management, determining targets for performance related pay or share schemes and determining the total individual remuneration …   Law dictionary

  • remuneration committee — A committee of non executive directors who determine the company s policy on the remuneration of executive directors and the specific remuneration package for each director. Many such bodies were set up as a result of the Greenbury Report… …   Accounting dictionary

  • remuneration committee — In UK public companies, a committee of non executive directors who decide the pay of executive directors. Many such bodies were set up as a result of the Greenbury Report of 1995 …   Big dictionary of business and management

  • Narasimham Committee on Banking Sector Reforms (1998) — From the 1991 India economic crisis to its status of fourth largest economy in the world by 2010, India has grown significantly in terms of economic development. So has its banking sector. During this period, recognizing the evolving needs of the …   Wikipedia

  • Joint Information Systems Committee — The Joint Information Systems Committee (JISC) supports United Kingdom post 16 and higher education and research by providing leadership in the use of ICT (Information and Communications Technology) in support of learning, teaching, research and… …   Wikipedia

  • creditors' committee — England, Wales After a company has been placed into administration, a meeting of the company s creditors (usually convened by an administrator shortly after his appointment) can resolve to establish a creditors committee under Part 2, Section B,… …   Law dictionary

  • Regional Building Committee — Regional Building Committees (RBC) are organized by Jehovah s Witnesses in many countries to oversee the construction and maintenance of their places of worship, known as Kingdom Halls and Assembly Halls. The objective of such committees, which… …   Wikipedia

  • Pharmaceutical Services Negotiating Committee — The Pharmaceutical Services Negotiating Committee (PSNC) is recognised by the UK Secretary of State for Health as representative of community pharmacy on NHS matters. PSNC’s main objective is to secure the best possible remuneration, terms and… …   Wikipedia

  • UK Corporate Governance Code — The UK Corporate Governance Code 2010 (from here on referred to as the Code ) is a set of principles of good corporate governance aimed at companies listed on the London Stock Exchange. It is overseen by the Financial Reporting Council and its… …   Wikipedia

  • United Kingdom company law — Beside the River Thames, the City of London is a global financial centre. Within the Square Mile, the London Stock Exchange lies at the heart of the United Kingdom s corporations. United Kingdom company law is the body of rules that concern… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”