After the Finance Ministers at the Council on October 6-7, 2008, the European Council itself now decided to ask the Member States to regulate managers' excessive remuneration, in Brussels on October 15-16. (Ref. 080794)
Paragraph 9 of the Council’s conclusion
states that “managers’ actual performance should reflect in their remuneration,
including golden handshakes which should depend on the managers’ real contribution to the company’s
success.”
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