THIS

paper supports business leaders being rewarded for excellence. But an unhealthy culture of greed has grown in recent years, where senior directors award themselves obscene amounts of money for mediocre performance. And far too often, shareholders are powerless to intervene.

A Mail investigation reveals that at one in six of the top FTSE 100 companies, at least 20 per cent of shareholders voted against what they deemed to be excessive pay packages – but their complaints were dismissed. This is the kind of contempt for investors that provides a wealth of ammunition for Jeremy Corbyn’s ruinous anti-business crusade.