Academics and experts argue stakeholder governance will always come second while the law puts the interests of shareholders first.

Plans to broaden takeover rules should go much further, covering the impact of foreign investor-led deals on UK supply chains and skills base, says lobby group EEF.

Regulatory body The Takeover Panel sets out plans to introduce more transparency in pledges made by parties involved in a takeover, a move flagged by the Conservatives in their 2017 manifesto.

When faced with a hostile takeover, emotions may run high but, as Simon Laffin advises, the board should lean on its non-executive directors.

Being a company director requires much more than simply knowing the law, says David Doughty.

Confusing price for value has led to a short-termist business culture, according to Dr Ruth Bender.