イギリスの上場会社における取締役の報酬に対する新たな規制  [in Japanese] New Regulations on Directors' Remuneration in Quoted Companies in England  [in Japanese]

This article discuss New Regulations on Directors' Remuneration in quoted companies in England. Listed companies in England should comply with the Combined Code by which directors' remuneration is regulated. The Listing Rules 12.43A require compliance with this Code, but not all companies comply with it completely. The Directors' Remuneration Report Regulations 2002(SI 2002/1986)) and the Companies (Summary Financial Statement) Amendment Regulations 2002 (SI 2002/1780) were enacted in July 2002 and enforced as of August 2002. These regulations amend the Companies Act 1985 and related regulations about the Regulation of Directors' Remuneration in quoted companies in England. This article examines these regulations, especially members' votes on directors' remuneration reports at general meetings in quoted companies, and the remuneration committee, because the author thinks that these regulations provide many suggestions for the regulation of directors' remuneration in Japanese Company Law.