ans according to the marks

2. The board should consider the need for the remuneration to commensurate with the level of responsibility of its directors and senior management. There should be appropriate incentive to attract talent as well as nurture and retain high calibre directors and senior management...- Bursa Malaysia. To be effective, the board needs to be rewarded. As such, provision of competitive remuneration packages by Public Listed Company and large corporations is vital to attract top quality directors and corporate executives. However, high pay rewards and unjustified level of remuneration received by many directors of company around the world also can become a disaster. Based on above statement, examine how the appropriate rewards for executive directors are to be determined in order to balance the interests of the directors with those of the shareholders both in the short and the long term. (30 marks)