Government committee suggests an overhaul of governance reform, including targets for women on boards, publication of pay ratios, and the end of LTIPs.
Half of the board members in UK companies should be women, according to a report from members of the UK parliament, which recommends that the government sets a target from May 2020 for new boardroom appointments.
The view comes as part of a raft of recommendations from MPs on the House of Commons business, energy and industrial strategy (BEIS) committee, which would represent significant reform of UK corporate governance.
Among them is a call for the UK's governance code to make an explicit demand on boards to report on how they have managed their companies for the "long term". It also calls for companies to report on how they serve
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