Europe moves towards Swiss-style executive pay curbs

European officials emboldened by a victory over banker bonuses, will propose legislation this year giving shareholders voting rights to challenge executive pay at public companies. Corporate largess is under attack across Europe with Switzerland last week voting to impose some of the world’s strictest controls on executive remuneration amid public anger at Wall Street-style excess in the country’s boardrooms.

Read the full article here:
Europe moves towards Swiss-style executive pay curbs