Top pay and performance investigates how the field of top pay developed, why there is so much interest in top pay, why the governments take such an interest, and the separation of ownership from control. This book addresses the issues of institutional shareholding, globalisation, comparisons between countries, equity theory and government policy. Top Pay is an extremely topical and contentious area and compensation and benefits is a well-defined area of interest in HR. This book investigates: How the field of top pay developed? Why is there so much interest in top pay? Why governments take such an interest? Separation of ownership from control. The issues of Institutional shareholding, globalisation, comparisons between countries, equity theory and government policy are all addressed. The book is a timely resource packed with information, engaging readers in the major debates on Director level reward. It addresses issues such as institutional shareholding, globalization, equity theory and government policy and includes comparisons between countries, and provides practitioners and academics with an informed understanding of the latest developments in top pay and performance.