Board Sports
By Chris Mumford and Thomas Mielke, Nov 25, 2009
The HVS Executive Search annual review of corporate governance practices at European hotel companies sees Rezidor take top honours.
As corporations have come under increased public scrutiny in the economic downturn so too have boards come under heightened pressure to govern in a responsible manner. Outrage over topics such as executive pay should be directed, less at the executives receiving windfall bonuses, and more at the board directors who set and approve remuneration packages in the first place. Scandals over topics such as pay show that, despite the huge advances made by most companies over the past few years, corporate governance remains a hot topic and worthy of analysis.
HVS Executive Search is pleased to present the results of its annual corporate governance study of European hotel companies and to congratulate Rezidor Hotel Group on achieving top spot.
The full report was published in the October edition of Hotel Report. Click here to read further.
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