Corporate Governance recommends the use of a Remuneration Committee for setting the executive director ’ s pay.Which of the folling is the main reason for this recommendation?
A.
To ensure that the costs of the company are kept under control
B.
To ensure no director is involved in setting his own pay and the pay that is set is at an approriate level
C.
To ensure decision making power for the company is not concentrated in the hands of one individual
D.
So the remuneration committee will make sure executives are paid a large basic salary irrespective of performance