Most directors believe that a limited company does what it says on the tin: in other words, they do not expect to be held personally liable for the company's misdemeanours.
Don't expect consistency when you look at the remuneration packages of chief executives on AIM. This year's figures show a mix of admirable asceticism and outright flamboyance, with the emphasis on the latter. Oliver Haill reports on exclusive research on directors' pay for 2007.
Entrepreneurs find the concept of boards of directors a turn-off, according to a study from the Association of Chartered Certified Accountants (ACCA). Owner-managers of small and medium-sized enterprises (SMEs) interviewed by ACCA believed that boards would simply constrain them in running their businesses.
If you’re looking for a finance director (FD), or aspiring to become one yourself, you should be aware that this position now carries with it a range of responsibilities and opportunities extending far beyond its traditional finance functions.
While the average pay of AIM company executives increased in 2006 for the first time in two years, share price performance did not necessarily perform in line with remuneration, according to research by em>Growth Company Investor.
