Britain needs a ‘reinvigorated’ equity culture
Standard Life chief executive argues for an equity culture that would see companies focus on sustainability and long-term value for creation.
Keith Skeoch. Photo: Standard Life
Boards need to improve their approach to sustainability and "recognise their duties" to long-term success, according to the chief executive of Standard Life.
Writing in The Times, Keith Skeoch made his remarks as part of an argument for the "reinvigoration" of an equity-based culture. Such a culture, he said, gives employees "a share in the value they create" while also giving them a voice through their shareholder vote.
His comments come during the UK government's consultation on corporate governance and a week after prime minister Theresa May launched a discussion document on industrial policy. Skeoch argues that a revitalised equi
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