GuerdonNews® Volume 15 Number 6

July 2019

Dear reader,

 

Welcome to the July 2019 issue of GuerdonNews®

 

 In this newsletter we:

• Provide a checklist for remuneration committee incentive design principles

• Describe how 19th century maths now used by big investors has discovered a relationship between CFO gender and accounting irregularities

• Note APRA's decision on the "occasional" banker's variable remuneration that must be deferred

• Describe where Australia is falling down according to the FSB's latest report on member country compensation practices

• Examine how Australia  compares among the OECD on remuneration and corporate governance  

 

We conclude with executive and director remuneration disclosure updates available on the GuerdonData® on-line database. And if there if there is any other executive remuneration or governance query you have type it into your search engine with "Guerdon Associates" and you will find we will likely have provided an answer already.

The Five Pillars of Incentive Design 

A checklist for remuneration committees  

Committees can oversee more effective incentive plans if they keep in mind these five principles.  

Read more

A male CFO and a bit of funny business are likely to be related 

Better off having a female CFO?

It is estimated that less than 1% of companies engaging in financial fraud are actually caught, whereas 15% of companies may engage in financial fraud annually. Now these companies are more at risk of being discovered with some 19th century math. And, another discovery, irregularities in these accounts are related to CFO gender.

Read more

APRA BEAR variable remuneration implementation 

Dealing with the "occasional" banker's pay deferral  

APRA's final wording is released.

Read more

FSB’s latest report on Principles for Sound Compensation Practices and Implementation Standards

Australia looks better than most, but there's still work to be done

The FSB released its progress report on the adoption of its Principles and Implementation Standards. Australia has complied with most of the standards. We take a look at potential areas of concern from an Australian perspective. 

Read more

Remuneration and Corporate Governance developments in the OECD

Comparing governance and remuneration standards

A recently published "factbook" presents its findings on the standards among OECD member countries. We look at how Australia fares among them in terms of remuneration reporting, use of long term incentives, and  shareholder approval requirements. 

Read more

---

Latest GuerdonData® Updates

Updates to GuerdonData®  this month include disclosures from the following 2 companies: 

Collins Foods Ltd, Metcash Ltd 

Executive and director remuneration data from all ASX 300 companies on GuerdonData® is available to any subscriber. Visit our website for more information on GuerdonData®.

Assess how easily you can find out director and executive pay information by viewing our 6 minute demo HERE.

SUBSCRIPTION INFORMATION

This email was sent to: subscriber
To manage your membership details including subscriptions click Edit your subscription
If you would like to unsubscribe from this email newsletter please click Click here to unsubscribe

TELL A FRIEND
Forward this email onto a friend here

FEEDBACK
Your comments and questions are welcome. Send them to info@www.guerdonassociates.com

The information, analysis and opinion in this e-mail and attachments are intended to be for informational purposes only. Analyses are based on information taken from public documents or private surveys, and we do not represent to its accuracy. Guerdon Associates assumes no liability for the use or interpretation of information contained herein. This publication is provided 'as is' without warranty of any kind, either expressed or implied, including, but not limited to, the implied warranties of marketability, fitness for a particular purpose, or non-infringement of third party rights.

Copyright © 2019 Guerdon Associates

ISSN 1834-8300