PIRC : independent research and advisory consultancy

PIRC is the UKs' leading independent research and advisory consultancy providing services to institutional investors on corporate governance and corporate social responsibility. Since 1986, it has been the pioneer and champion of good corporate governance within the UK.
Authoritative resource
PIRC has a wide spectrum of clients ranging from pension funds, faith-based investors, trade unions to banks and asset managers. Its Corporate Governance Service is an authoritative and vital resource for active investors, whilst its widely-read Shareholder Voting Guidelines provide a market-wide benchmark for investors and forms part of the movement for corporate governance reform and long-term wealth creation strategies for responsible investors.

For more information about PIRC or to arrange a meeting, contact Janice Hayward, or call us on 0207 247 2323.

JD's horn of plenty

June 18 2008

The Guardian

The John David Group - JD Sports to you and I - is more about fashion than keep fit, but its bosses will need a few sessions on a Bullworker to heave home their cash.

The 400-store chain is handing out huge bonuses to its directors without any real performance conditions attached. The executive chairman has just been given £3m purely to encourage him to stay for another two years - and a promise of another £1m on condition only that he continues to show up. That is on top of his £400,000 salary and unlimited annual bonus potential.

The executive chairman in question is Peter Cowgill and the pay bonanza at JD has been highlighted by the corporate governance specialists PIRC.