Examination of Witnesses

Part of Enterprise and Regulatory Reform Bill – in a Public Bill Committee am 10:40 am ar 19 Mehefin 2012.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Katja Hall: Three years would be our favoured option as well. We, too, have accepted that there may be a case for a binding vote for shareholders, although recent events suggest that shareholders already have quite a lot of influence. We can accept the principle of a binding vote. The issue of how often to do it is a practical one, and most companies would not expect to change their policy annually—investors would not expect it either—so three years seems about right.