Who should set directors' reward and incentive packages, according to corporate governance provisions?
A、The board of directors
B、The nomination committee C
A、remuneration committee made up of independent non-executive directors
A、The board of directors
B、The nomination committee C
A、remuneration committee made up of independent non-executive directors
【参考答案及解析】
Rationale: Only Option C fulfils the requirement for full independence of the body that sets directors' remuneration (to avoiddirectors' awarding themselves unjustifiable rewards!). A nomination committee has the separate task of overseeing board appointments.
Rationale: Only Option C fulfils the requirement for full independence of the body that sets directors' remuneration (to avoiddirectors' awarding themselves unjustifiable rewards!). A nomination committee has the separate task of overseeing board appointments.