Because more equal societies work better for everyone

Corporate Governance

A Tipping Point? Inequality Seizes Centre Stage

The past few weeks have seen significant political upheaval. Not only has the country voted to leave the EU, but we now have a new Prime Minister, and a leadership contest within the main Opposition party. 

You'd be forgiven for wondering where inequality fits into all this, and whether politicians will take their eye off the ball to focus on other concerns. But amidst this turmoil have been some encouraging noises from key political figures, from a range of parties. 

Company boards can be improved through employee representation

This morning Policy Exchange released an excellent report that conducts a thorough analysis of the failures of corporate governance. They point out that boards can lack experience in the relevant industry, too often consist of the usual suspects of the corporate mainstream, lack independence from management and fail to hold onto institutional memory. Policy Exchange’s recommendations of providing investors a stronger say in board nominations through adopting a system similar to that used in Sweden are well worth a hearing and should be studied closely.

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