Theresa May’s proposals for corporate governance promises radical change, moving closer to a European model. But the reforms also raise fundamental questions for governance.
Theresa May has just become prime minister but only after warning big business that things cannot continue as they are. The economy needs change, she says, and top of her agenda is a transformation in corporate governance.
In an article in The Times on the very day that May became PM by default, the new party leader reveals her disquiet about large companies. So much so, in fact, she wants employees and consumers on company boards, shareholder votes on executive pay and government action on making incentives more aligned to the “long-term interes
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