The Productivity Commission's Executive Pay Inquiry: An update on the issues
Gary Banks gave a presentation on developments in the Commission's Executive Remuneration inquiry to FINSIA forums in Sydney and Melbourne on 3 and 4 June 2009.
Download the speech
What has really been happening to executive remuneration?
Australian data are limited
What is driving executive pay?
Board capture and rent-skimming?
Linking pay to company performance
A war for talent?
Are CEOs really as scarce as hens' teeth?
Some key considerations for policy
Identifying the problem - continued
A public interest rationale for intervention?
Aligning interests of executives, boards, shareholders and the wider community?
'Optimal' compensation arrangements?
Better governance arrangements?
Regulatory constraints on pay outcomes
cs20090603-executive-pay-update.doc (MS Word Document - 103.5 kb)
cs20090603.pdf (PDF File - 72.2 kb)