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Blog > Economy > Germany: a governmental coalition to restrict the pay of managers
Jun 19

Germany: a governmental coalition to restrict the pay of managers

I am glad to note that Chancellor Angela Merkel is sharing the same ideas as me! This is what we probably call the feminine common sense!

 

BERLIN (Germany) - BRIAN PARKIN AND RAINER BUERGIN (Bloomberg News) - Chancellor Angela Merkel’s coalition pushed a law through parliament aimed at restricting manager pay at German public companies, going further than steps proposed in the United States or Britain.

The package of measures includes steps to give supervisory boards more power to set salaries and financial penalties for executives who are found guilty of negligence.

Read the Globe and Mail's articleRead more…

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