Greater transparency and responsibility over executive remuneration demanded by the public, according to new research by AFM

Greater transparency and responsibility over executive remuneration demanded by the public, according to new research by AFM

New research commissioned by the Association of Financial Mutuals shows strong public support for greater transparency over top executive remuneration in financial organisations and a clear link between company performance and bonuses.

Over half (51 per cent) of respondents supported either a complete ban on bonus payments unless the organisation was making a profit, or that details of top executives’ pay and bonuses must be made publicly available. Nearly one fifth (18 per cent) supported both of these measures being implemented by financial organisations. 

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