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> Controversy over Executive Remuneration at BP

商品編號: 9-116-063
出版日期: 2016/06/21
作者姓名:
Narayanan, V.G.;Hartman, Ashley
商品類別: Other
商品規格: 14p

再版日期:
地域: United Kingdom
產業: Energy and natural resources sector
個案年度: -  

 


商品敘述:

In March 2016, BP disclosed that its Chief Executive Officer, Bob Dudley, would receive a $19.6 million compensation package, a 20% increase in total compensation over the previous year. BP justified the amount, emphasizing that the company delivered strong results despite an exceptionally challenging environment, which included a nearly 50% drop in oil prices. However, shareholders questioned the massive payout and ultimately rejected BP''s remuneration report in April 2016. Was BP right to give a generous pay package despite the industry slump? Or was it "unreasonable and insensitive," as shareholder Royal London Asset Management claimed?


涵蓋領域:

Accounting;Executive compensation;Corporate social responsibility;International business


相關資料:

Case Teaching Note, (5-118-089), 4p, by V.G. Narayanan, Shawn O''Brien