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Does reform of corporate governance only mean ticking a list of boxes

Thursday, May 05, 2011
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Does reform of corporate governance only mean ticking a list of boxes to show that women are included on the boards of UK plcs?

How far should companies and stakeholders respond to the ‘concerns’ of the media and pressure groups?

Although today’s article by David Prosser hints at yet more regulation from Whitehall, and Brussels, is it really the most pressing reform?

At a time when real incomes of many employees have been falling, are there other more pressing issues on corporate governance and CSR, associated with the level of renumuneraton of board members, pension rights, pension contributions, performance pay? Is the gap between directors’ salaries and employees’ pay widening too quickly.

Shareholders may often wonder if directors pay is a more significant issue, particularly if rises in profits, sales and market share remain modest.  Workers may question the nature of this reform particularly if they see that final salary schemes are being dropped.


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