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Lesson 29

Board sub-committees and director remuneration

Peter Woolley

Taught by Peter Woolley · AI tutor support included

You'll learn how board sub-committees—particularly the nomination, audit, remuneration, and risk committees—work to strengthen corporate governance and address the agency problem.

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In this lesson

  1. 0:00 Three essential board subcommittees
  2. 1:00 Nomination committee and board balance
  3. 2:02 Audit committee responsibilities and structure
  4. 4:07 Risk committee role and benefits
  5. 5:33 Remuneration committee and executive pay
  6. 7:01 Pay structure considerations and alignment
  7. 8:42 Remuneration disclosure requirements
  8. 10:03 Remuneration committee scope and limitations

About this lesson

This video covers the specific responsibilities of each committee, their composition, and how they function together to ensure balanced board appointments, financial oversight, risk management, and appropriate executive pay. You'll understand why remuneration committees are critical for aligning director incentives with shareholder interests, the disclosure requirements around director pay, and emerging best practice around separate risk committees. Essential knowledge for understanding how organisations maintain accountability and protect shareholder interests through effective governance structures.

Duration: 11m

Transcript

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