Corporate leadership in executive pay and COVID-19 | Practical Law

Corporate leadership in executive pay and COVID-19 | Practical Law

The impact of COVID-19 on business is unprecedented, impacting all sectors of the economy. While the full toll in terms of unemployment, bad debts and government support won’t be known for some time, corporations can show leadership and empathy. This article sets out some actions boards can take in relation to remuneration of executives and non-executive directors.

Corporate leadership in executive pay and COVID-19

by Stephen Walmsley, Partner and Ben Travers, Partner, KPMG
Published on 30 Mar 2020 • Australia
The impact of COVID-19 on business is unprecedented, impacting all sectors of the economy. While the full toll in terms of unemployment, bad debts and government support won’t be known for some time, corporations can show leadership and empathy. This article sets out some actions boards can take in relation to remuneration of executives and non-executive directors.