Another recurrent BBC theme at the moment is the idea that the shareholders are revolting…..against the “big bosses” and their pay and bonus schemes. In fact they are prepared to go to the ends of the Earth to prove it, in this case, Australia.
The government is to set out in the Queen’s Speech how it plans to give shareholders more power to control executive pay. Vas Kolesnikoff, chief executive of the Australian Shareholders’ Association, explains how similar legislation was introduced last year in Australia.
Now, no one opposes the idea of shareholders exercising judgement, that is a good thing. But the BBC uses this issue to advance their socialist agenda that “big bosses” are working against the interests of their shareholders, that capitalism is deeply flawed. The item on Today also expressed the concern that large companies would move to recruit shareholders off the UK where more laissez-faire approaches prevail. Such wickedness. Oh, by the way, when do License payers get to vote on the salaries of senior BBC managers and “talent”? Can we vote down what they reward themselves please?