BERLIN — Foreign executives who moved their company headquarters to Switzerland to get better tax deals for their firms may find themselves paying the price for it this weekend. A plan to crack down on excessive corporate pay packages is predicted to pass at the ballot box Sunday. If the "Rip-off Initiative" succeeds, shareholders will be given the right to hold a binding vote on a company's compensation of executives and directors. This includes both base salary and bonuses. It would also ban "golden hellos" and "golden goodbyes" - one-time bonuses that senior managers often...
0 Responses to Swiss vote on bosses' pay could hit offshore firms