European investors balk at director pay

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Published in Financial Times June 1, 2009 by Kate Burgess and Richard Milne
Guy Jubb cannot remember when he last spoke out publicly at a company’s annual meeting – until this year, that is. Last month the head of corporate governance at Standard Life Investments travelled to The Hague from Edinburgh to look the board of Royal Dutch Shell “eyeball to eyeball” as he outlined his grievances at the oil group’s attitude to executive pay.

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