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Norway serious about curbing CEO pay

Published Sun, Nov 26, 2017 · 09:50 PM

Oslo

WHEN Norway's US$1 trillion sovereign wealth fund said it wanted companies to curb excessive and opaque top-management pay, it meant business.

Since releasing a position paper in April, it has increased the number of votes against management compensation proposals in the companies it invests in, said Carine Smith Ihenacho, its global head of ownership strategies.

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