You MUST cite your sources in the footnotes in accordance with OSCOLA, including page numbers. This includes any direct references and allusions to or close paraphrasing of sources, including the core textbook. Furthermore, any verbatim quotes from sources should be in quotation marks (‘…’). Footnotes should only be used for citing sources and are not included in the maximum word count. Please only use the sources provided in the outline. 
Instructions: 
1.    Please only use my outline to create a draft     
2.     Only use the material I will provide to you
3.     DO NOT USE AI AT ALL!!! If you need more time, let me know but please do not use AI. 
4.     If you find any articles relating to this topic on your own, please let me know first. 
Maximum Word Limit: 2000. 
Footnotes are NOT included in the word count. A bibliography IS required.
QUESTION
‘The way forward for regulating executive pay should involve “light touch” reforms
that are limited, targeted, and do not distort boards’ ability to design effective and
innovative pay packages, taking into account the complexities of pay design.’
Critically analyse the statement above about the challenges associated with
Directors’ remuneration and evaluate the effectiveness of the different measures that
have been implemented in the UK to address these issues of contention.