Colleagues have published a post, Culture Club: FRC strengthens link between company values and executive remuneration on the Compensation and Benefits: Global Insights blog. The FRC Report, entitled “Corporate Culture and the Role of Boards“, covers many aspects of the actions and behaviours of a company in establishing, communicating and maintaining its culture and values. The post explores the topic of executive remuneration and incentives.
The FRC will be monitoring reporting on culture by companies and investors over the next year. The FRC will also use the report and feedback when it reviews its Guidance on Board Effectiveness in 2017.