As the economy increasingly struggled amidst the COVID19 pandemic, many corporations halted their dividend plans but appeared instead more reticent in sacrificing their executive compensation plans. For instance, the cases of IAG, British Airways owner, and Ryanair Bonus payment to CEO Michael O’Leary bring forth ethical considerations on the...
GlaxoSmithKline still has questions to answer over bribery case in China. In 2013 Chinese police accused dozens of GSK employees, including Mark Reilly, its former China CEO, of fraudulent practices and briberies worth billions of dollars to doctors and officials around the country. The British pharmaceutical...
The article “Debt, Austerity and Top Management remuneration” (original title: "Il Debito, l’Austerity e le remunerazioni dei Top Manager") by Piero Marchettini Managing Partner di Adelaide Consulting, and Daniela Carosio, SVI Senior Partner, was published in the AIAF online review Nr. 75 as of June 2010 . KEY INSIGHTS To face the financial and economic...