News: SEBI may regulate CEO salaries

Compensation & Benefits

SEBI may regulate CEO salaries

SEBI is considering a proposal to make it mandatory for companies to get remuneration packages of CEOs approved by a majority of the minority stakeholders. Companies that are not promoter driven may have to get pay packages passed through a special resolution. This move is part of SEBI’s efforts of protecting the interests of minority stakeholders.

SEBI is considering a proposal to make it mandatory for companies to get remuneration packages of CEOs approved by a majority of the minority stakeholders. Companies that are not promoter driven may have to get pay packages passed through a special resolution. This move is part of SEBI’s efforts of protecting the interests of minority stakeholders.

Read the Economic Times news report here.

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Topics: Compensation & Benefits, #TotalRewards, #Updates, #Corporate

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