AYABONGA CAWE: Broader opinion on pay disclosure seems to have changed

It has been suggested more disclosure would make SA uncompetitive in the global market for executive talent

Much of the coverage of the proposed amendments to company legislation has focused on disclosures aimed at shining a light on pay differentials within firms. While some have suggested this will be met with resistance from big business, this may be an exaggeration if one considers the main areas of alignment between shareholders and policymakers on this matter. Executives and some fund managers and remuneration committees might not be as happy about the changes. Understandably so...

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