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Meanwhile, the transition to a more market-driven steering of investment decisions is supported in the EEG 2014 by the proposed switch to a competitive bidding process, which is geared towards establishing a competitive determination of remuneration by 2017 at the latest (§ 2 (5) EEG 2014).
For dispatchable RES such as bioenergy, meanwhile, refinancing models which have a stronger competitive element in the determination of remuneration than the market premium could provide a promising option to encourage operators to design site-optimised installation concepts, which also exploit heat marketing opportunities [19].
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The policy shall specify the company's procedures for the determination of the remuneration of directors, including the role and functioning of the remuneration committee.
The second dimension of market integration, on the other hand, encompasses a competitive determination of the remuneration and a competitive steering of investment decisions [11,12].
This article examines the influence of Remuneration and Nomination Committees (RNCs) on the design of remuneration policies applied to executive board members of Spanish listed firms.
Afren put two aspects of remuneration to a vote.
The factors farm structures, level of remuneration and legal framework have been thoroughly investigated.
Cable has, however, ducked the issue of remuneration committee reform.
Do steps need to be taken to improve the effectiveness of remuneration committees?
In 2016, figures are still 15% below the pre-crisis levels of remuneration.
"We've all hidden behind formulae" to calculate the level of remuneration instead of having "enough faith in remuneration committee members to apply their judgment," Mr. Lee said.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com