The world's biggest sovereign wealth fund plans to target excessive executive pay. Norges Bank is currently looking for a company that it considers to be overpaying executives, and will then use that firm as an example in a report to outline the fund's position on pay.
With stakes in more than 9,000 companies and worth $870bn (£595bn), Norway's fund has a powerful voice. In the UK, there have recently been a series of shareholder revolts over pay...............................................Full Article: Source
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