Remuneration vs Performance

Seems like this is a ubiquitous issue across the entire ASX, and so it should be revised, leadership (exec, directors, etc) remuneration should be relative to performance, SP and/or EPS losses, should be the primary/direct KPI targets, with any soft targets adding 'tiered, relative value' to the primary 'key' KPI target...

Watch the first 5-10 mins of ABC's 'The Business' from last night...

http://iview.abc.net.au/programs/business/NU1604H182S00#playing

Far too many bandits on boards and in executive roles across the ASX, with the right resources (adequate funding) made available, I believe ASIC would 'clean-out' about about 20% of market participants on the ASX, particularly in the 'minnows' spaces...

ML