Shareholders: Executive Pay Reform Too Limited

Shareholders: Executive Pay Reform Too Limited by Matthew Allen, swissinfo.ch Small shareholders still face a raw deal despite new laws giving them a greater say in the running of Swiss firms, according to pension fund advisor Ethos Foundation. Foreign shareholders also have a hard time understanding the evolving Swiss system. On Thursday, Ethos presented the results of a survey of corporate annual general meetings, two years after Swiss voters approved the Minder “anti-fat cat pay” initiative – named after its author Thomas Minder. The resulting reforms were rolled out in full in time for this year’s AGM season. They included…