WPP's market capitalisation increased by 133% compared with the FTSE 100's 21.3% rise over the period, meaning executives received the maximum payout.
The group's market capitalisation has increased from €8.5 billion in December 1996 to €22 billion.
Whilst increased market capitalisation has on occasion been cited in support of significant increases in salary, there has been no corresponding reduction in salary as market capitalisations have decreased," the ABI's paper said.
Buying a stake in emerging markets is like buying a stake in the future.Goldman Sachs, for example, reckons that the total capitalisation of emerging markets will rise from $14 trillion today to $80 trillion by 2030, increasing from 31% of the global total to 55% in the process.
The Basel report finds that starting from current levels of capitalisation, a one percentage-point increase in the capital ratio would permanently reduce the frequency of crises by one-third, while increasing loan spreads by some 13 basis points.
As well as increasing its total dividend by 32% to 16.5p, the bookie said it would return £453m - about a fifth of its market capitalisation - to shareholders.
Yet BCP's avowed aim is to grow, and to increase its market capitalisation from the current euro12 billion.
The market capitalisation of these shares has increased by 74%, compared with a much more humdrum 17% for the Nikkei 500 index.Not many Japanese managers care about their company's share price.
Although all of our fund managers remain underweight in America, which accounts for 44% of the world's stockmarket capitalisation, three of them have slightly increased their equity weighting in the United States.
STOCKMARKETS The long bull market on Wall Street has increased America's stockmarket capitalisation to an enormous $7.7 trillion, almost three times that of the next most valuable market, Japan's.
