Barclays Chairman Apologises over Senior Pay

The video discusses the dynamics of democracy and protests at the Barclays AGM, highlighting shareholder concerns about economic realities and investment returns. It covers Bob Diamond's significant compensation package and the board's apology for not effectively communicating their case. The disparity between shareholder dividends and staff pay is analyzed, emphasizing the need for balance. The video concludes with potential changes in shareholder influence on executive pay, suggesting a shift towards more accountability.

What is one way democracy is expressed in corporate settings?

• Through government regulations

• By executives making decisions

• By shareholders having a say in meetings

• Through colorful protests

What was the total compensation package for Bob Diamond in 2011?

• £17.7 million

• £24 million

• £5.2 billion

• £9.7 billion

How has the gap between staff pay and shareholder dividends changed over the years?

• It has remained the same

• It has reversed

• It has narrowed

• It has widened

What is a concern regarding the balance of payments at Barclays?

• Staff are overpaid

• The balance between executive pay and shareholder returns needs restoration

• Shareholders receive too much

• Executives are underpaid

What change is being considered for future AGMs regarding executive pay?

• Pay will be based on company profits

• Government will regulate pay

• Shareholders will have the final say

• Executives will decide their own pay