Critically discuss this statement paying particular attention to the international guidance on executive remuneration and the roles of the remuneration committee in setting executive directors remuneration.

Recent debates on executive director’s remuneration have to a large extent focused on excessive director remuneration paid out to the detriment of company shareholders, employees and the company as a whole. The reality in many cases is that director remuneration package including base salary, bonuses, stock options and severance packages are given without corresponding performance from directors.Critically discuss this statement paying particular attention to the international guidance on executive remuneration and the roles of the remuneration committee in setting executive directors remuneration.

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