The Productivity Commission's executive pay inquiry: An update on the issues
Chairman's speech
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.
See also
Download the speech
The Productivity Commission's Executive Pay Inquiry: An update on the issues (PDF - 73 Kb)
The Productivity Commission's Executive Pay Inquiry: An update on the issues (Word - 104 Kb)- Contents
What has really been happening to executive remuneration?
Australian data are limited
What is driving executive pay?
Board capture and rent-skimming?
Danger money?
Linking pay to company performance
Signalling worth?
A war for talent?
Are CEOs really as scarce as hens' teeth?
Tax drivers?
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
Next steps
