Sweden: the government votes against the bonuses of TeliaSonera and is criticized by the Finnish authorities

Publication

5 May 2009 à 06h25

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2 minutes

Publication: 5 May 2009 à 06h25

Reading time: 2 minutes

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The Swedish decision follows the line prohibiting bonuses this year for all public firms as well as the negative vote of the Swedish State on bonuses in all firms with public participation. The sensitivity of Swedish public opinion to this issue is such that private firms like Volvo trucks and the bank SEB have withdrawn their proposals for a new remuneration system of management.
Publication

5 May 2009 à 06h25

Reading time

2 minutes

Publication: 5 May 2009 à 06h25

Reading time: 2 minutes

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indignant reaction in Finland. (Ref. 090482)

The Swedish decision follows the line prohibiting bonuses this year for all public firms as well as the negative vote of the Swedish State on bonuses in all firms with public participation. The sensitivity of Swedish public opinion to this issue is such that private firms like Volvo trucks and the bank SEB have withdrawn their proposals for a new remuneration system of management.

Withdrawal of variable remuneration in public firms. The Swedish governm

…
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