FRC research into implementation of requirements on workforce engagement shows that progress has been patchy.
A study into compliance with workforce engagement provisions in the UK Corporate Governance Code shows no firms chose an employee director.
Worker directors provide a direct link between the board and employees—and new perspectives on a business. But the move is not without its challenges.
A worker representative in the boardroom is an option for companies under the UK’s new, revised governance code. A survey by ICSA reveals that other options will prove more popular.
The proposed new corporate governance code is shorter and focuses on company culture, extending boardroom responsibility beyond shareholders and ensuring companies work for long-term sustainability.
In a follow-up to its Corporate Governance Reform green paper consultation, the UK government has dropped many of its previous proposals to strengthen corporate governance.
Large private businesses will be obliged to report on responsibility and their impact upon employees and the wider world, under the government’s follow-up on its green paper.
There is renewed hope in France for economic policy and its impact on corporate governance. Michel de Fabiani examines the expected positive outcomes for business.
Conservative Party manifesto sees Theresa May commit to employee involvement in the running of their companies, annual votes on executive pay and the publication of pay ratios.
Institute of Directors’ Oliver Parry says appointing a worker representative to the board of Sports Direct is not enough to resolve the company’s governance failings.