SOAS Research Online

Abstract

This article critically compare directors' remuneration regimes in the U.K., Germany and the U.S. After the crisis, these countries have differently reacted to the huge increase of directors' remunerations over the last decades (which was not stopped by the crisis itself, despite the explosion of inequalities across the globe). The most effective strategy, so far, seems to be the British one. nevertheless, these countries - as most countries in the world - are still reluctant to simply entirely delegate to shareholders the decision on executive remuneration packages, or to put statutory limits to the remunerations.