Netherlands: CEOs’ bonuses targeted by the new code of good behavior of listed companies

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5 December 2008 à 10h34

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Publication: 5 December 2008 à 10h34

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The Frijns Commission, which advises the government on amendments to make to the Tabaksblat code of good behavior for businesses, is going to announce, on December 10, 2008, new recommendations aimed at the bonuses of the CEOs and managers of listed companies. From now on, all bonuses will have to be strictly related to companies' performances in the long run. (Ref. 080980)
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5 December 2008 à 10h34

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Publication: 5 December 2008 à 10h34

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Bonuses should also
have an “appropriate link” with annual wages. This “appropriateness” is still
not very clear, write the Het Financieele Dagblad economic daily.

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