As shareholders we invested capital and get returns based on the performance of the company. If the company makes money we get dividends and if it doesn't we don't. Then why is the remuneration of director's and executives NOT linked to performance as well? I believe there should be a low base salary/remuneration structure and a bonus on positive performance of the company. WHY in a company that is losing money and performing poorly, the executives making top dollar?? How can director's fees increase when the company has to dip into its debt facility to pay them?
The debt facility isn't there to increase wages and fees. Debt isn't your money. The company is borrowing money to increase the salaries and fees of the director and executives. Disgusting!!! We shareholders need to fix this!!! Cant wait for 24th June assuming it goes ahead.
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