In a 5 page briefing paper sent to all Conservative MPs, the Bow Group argues that the Government must go further in tackling issues around executive pay. Alongside an analysis of the Government's response on the issue to date, the Bow Group argues that a more proactive approach can turn divisive public opinion into meaningful empowerment.The briefing argues that the executive pay debate is about income inequality: the difference between those at the top and those at the bottom. In tackling income inequality, you can regulate the top but, far more importantly, you also need to empower those at the bottom. The Bow Group welcomes the Government's response of empowering shareholders to regulate excessive pay. However, the Government must also tie in this market response to a more proactive social agenda.To read more and download the briefing, click here.
Wednesday, March 14, 2012