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Vince Cable is right to tackle executive pay, but to do so, he has to build a coalition from within the financial sector to encourage more spartan pay awards. This won’t be easy.

Springford, John (2011) Vince Cable is right to tackle executive pay, but to do so, he has to build a coalition from within the financial sector to encourage more spartan pay awards. This won’t be easy. British Politics and Policy at LSE (20 Sep 2011) Blog Entry.

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Abstract

Reporting on Vince Cable’s speech yesterday at the Liberal Democrat conference, John Springford argues that while his plan to begin to address inflated executive pay is right in principle, it will be difficult in practice. To make it work, to has to get shareholders and corporate boards to agree to reduce their own pay.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/politicsandpolicy/
Additional Information: © 2011 The Author
Library of Congress subject classification: H Social Sciences > HB Economic Theory
J Political Science > JC Political theory
Sets: Collections > British Politics and Policy at LSE
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 27 Oct 2011 10:41
URL: http://eprints.lse.ac.uk/39073/

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