United Kingdom

         This chapter on the United Kingdom is based on detailed responses to a questionnaire provided by the United Kingdom, together with independent research by the Secretariat including missions to the United Kingdom. The chapter describes:                      the corporate governance framework influencing board oversight of the remuneration and incentive systems and its compatibility with corporate objectives             the market and corporate context influencing whether incentive structures are in the long term interest of the company and its shareholders and             how boards influence incentives and what role is played by transparency and by shareholders.                   Within these areas, the discussion is based on the individual principles relevant to the review. The chapter is intended to be descriptive and not normative in character. The second part of the chapter is devoted to conclusions about the United Kingdom.       

Board Practices: Incentives and Governing Risks

United Kingdom

Review of Board Practices for Managing Incentives and Risks