"The prospects for corporate insolvencies in 2012 look gloomy indeed," says Steve Frobisher, business turnaround expert at PA Consulting Group.
He predicts an "abnormally high year" for insolvencies. Frobisher blames depressed demand in the economy for the rising trend, but banks continuing reluctance to lend will also be a contributory factor.
10. Pressure on boardroom pay
Grumblings about excessive boardroom pay have moved from something confined to red flag-waving revolutionaries to the mainstream -- with establishment figures from the prime minister to the Archbishop of Canterbury speaking out.
Political pressures could force both parties in the coalition government to talk (and possibly act) tough on boardroom pay.
Measures being considered include the naming and shaming of "greedy" directors. More specifically, LSE-listed companies are being required to set out clearly directors' salary, pension, share schemes and bonuses.
And remuneration committees will be required to explain why they have sanctioned bonuses not justified by performance. So some CFOs could find they have some embarrassing explaining to do.
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