Most TA-100 firms lack compensation c’tee

Only 26 percent of the public companies listed on the TA-100 Index have appointed a committee for the approval process of executive compensation, according to research published by PricewaterhouseCoopers Israel on Sunday.“The global financial crisis has put a renewed emphasis on proper risk-taking on the one hand, and corporate governance and the importance of the role of board of directors on the other hand,” Bank of Israel Supervisor of Banks Rony Hizkiyahu said Sunday at the Maala 2010 Corporate Responsibility Conference in Tel Aviv.RELATED:
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