UK governance needs ‘radical’ overhaul to make business ‘purposeful’

By Gavin Hinks

Governance in the UK needs a radical overhaul with company law, accounting systems, the investment industry, shareholder structure, and executive remuneration all in need of significant change. The call includes a recommendation that companies state precisely “their role in the world from which profit results” in their article of association. It also recommends that directors should…

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Investment expert advocates salary-only model for executive pay

By Gavin Hinks

Companies should switch to a salary-only model for executive pay if they want to bring down the size of pay packages and reduce inequality. Daniel Godfrey, a co-founder of the The People’s Trust, an invest trust, and a former of chief executive of the Investment Association, proposes a significant amount of the salary would be…

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Personal moral values key to ethical corporate governance

By Patricia Grant

Moral values are so important for company directors they should be given equal weighting in selection procedures while ethical competency should be a key performance indicator.

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Boardroom diversity climbs list of priorities

By Gavin Hinks

A survey from PwC finds diversity has moved up the agenda for boards following research across two dozen countries while the firm concludes governance is becoming less ‘board-centric’ and more of a shareholder model.

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Do company boards need an expert in cyber security and technology?

By Stephen Bonner

Cyber security is at the top of boardroom agendas. Stephen Bonner asks whether boards need a member who is a dedicated cyber security expert.

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