He got paid how much?
We recommend that for transparency and openness, information about the remuneration of management and their share options, should be drawn out and specified explicitly on the site, not left buried in the annual report.
Ideally, this would also be linked to information about the remuneration policy, and to information about the directors’ dealings in the company shares.
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Posted on March 18, 2008 by Lucy and filed under Best Practices, Consumer goods, Corporate governance | Leave a Comment
Naming the insiders: Stora Enso
If appropriate, companies should have an insider trading policy, and this should be clearly communicated to everyone concerned. Then everybody knows what is expected.
Stora Enso provide their policy online, but also go one step further by listing those individuals who qualify as insiders - and to whom, therefore, the policy applies. I have also seen the ‘closed periods’ listed, during which these people may not trade in the company securities, but it isn’t there at the moment. Perhaps this information is only provided around those periods.
Posted on August 23, 2007 by Lucy and filed under Basic materials, Best Practices, Corporate governance | 1 Comment
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