Provide your comments regarding two strikes rule


Problem

In November 2022, industrial property powerhouse Goodman Group experienced a second strike against its remuneration report, along with protest votes over its executive directors' performance rights regarding the earnings hurdles by which the long-term incentives paid to Mr Goodman and Goodman's top managers, including executive directors Danny Peeters and Anthony Rozic.

Task

Answer following questions

i. Explain what the second strike is. Provide your comments regarding 'two strikes' rule.

ii. Provide comments on the responsibilities of remuneration committee in Goodman Group.

iii. Comment on the effectiveness of the remuneration committee and the board of directors in Goodman Group in relation to the second strike.

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Financial Accounting: Provide your comments regarding two strikes rule
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