According to statements being made by the leading British institutional investors recently, this year’s AGM season will be characterised by an increased amount of investor-activism when it comes to Executive pay. The Church of England, in leading the Church Investors Group , has vowed that exorbitant pay deals in companies that it is invested, will not be tolerated. Furthermore, leading institutional investors like BlackRock – the world’s biggest fund manager – and Standard Life have also warned companies that they are on alert for excessive pay packages. This level of increased scrutiny is in reaction to an era where excessive risk taking and irresponsible practice was being rewarded with some headline-grabbing pay packages, like that given to banking chiefs during and since the Financial Crisis. Additionally, it has been reported that the level of bonus payments in the U.K., more generally, are rising to their highest levels since the Crisis. However, institutional investor...