Outline the system of setting top management salaries in: (a) a plc; (b) a large, semi-autonomous public

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Outline the system of setting top management salaries in:

(a) a plc;

(b) a large, semi-autonomous public agency, e.g. a university;

(c) a department of state, i.e. Department for Education.

How far do these meet the requirements of a fair, open and publicly accountable system? Do you believe they need reform? If so, put forward your proposals. LO1

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