Specialist deficit on boards
Managing corporate reputation has never been more critical, so why are there so few specialists on FTSE boards?
The collapse of trust in big business and its leaders has become the biggest corporate issue of our time, along with the rise of citizen journalism, the demand for greater transparency and the increasingly hostile nature of shareholders.
As a result, the need for boards to better manage their company’s reputation and identify risks has never been more critical. Yet when looking at the make-up of boards, particularly those in the FTSE, non-executive directors with these very skills —those with corporate affairs and communications experience—ar
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
How the revised shareholder directive will help overcome short-termism
The EU’s amended Shareholder Rights Directive came into force in June 2017, and will be rolled out across member states by 2019. It aims to tackle short-termism among investors. But what are the law’s key elements?
-
The growth of impact investing and the role of boards
The market for impact investing is now worth around $1.3trn. It is an opportunity for boards to steer their companies towards work that returns social or environmental benefits.
-
Measuring governance: why corporate culture needs a health check
A healthy corporate culture is much like a healthy political culture: it thrives in an environment where engagement and fairness are valued and people feel they have a genuine stake in the future.
