JSE regulations on the reporting of CEO pay are "flawed" and could ultimately discourage top executives from joining listed companies, said Piet Mouton, CEO of PSG.
"The approach to executive remuneration and disclosure is unfortunately flawed in my opinion. It was most probably initially done with some noble ideology but it is gaining momentum in the wrong direction," and instead it may encourage executives to work at unlisted companies, said Mouton, speaking at the release of the group's results for the year ended February 28 2021...
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