How to run a Company: Checks and Balances on Executive Power
A collection of essays on corporate governance, including the role of non-executives and securing a greater voice for employees.
"It is, after all, the employees of a firm who know most about its operations," says Anthony Browne, chief executive of the British Bankers' Association, in our collection of essays. He is talking about the need to protect whistleblowers in banks, but it could equally apply to the argument for employees to be included as directors on boards.
Our collection of essays looks at developments in British corporate governance and asks whether non-executives are up to the job of monitoring the management. What role would employees play if they were on the board as they are at John Lewis and First Group?
And how have banks changed to try and rebuild their customer trust.
As well as Anthony Browne, contributions come from Nadhim Zahawi, Conservative MP for Stratford on Avon and former chief executive of Yougov. As well as looking at the role of non-execs, he also discusses the merits of joint bosses. Mike Clancy, head of Prospect union, Stefan Stern, management writer, Janet Williamson from the TUC, David Bolchover author of books on executive pay and Deborah Hargreaves, director of the High Pay Centre.
Hard copies of the essays are available on request.
Since 1 January 2020 the average FTSE 100 CEO has earned:
Income inequality in the UK
Wealth inequality in the UK
- Conditions are critical: publicly-funded bail-outs for private companies
Government bail-outs of large businesses affected by the coronavirus must include social and environmental conditions including fair pay, fair tax contributions and worker representation on company boards
- Purpose Beyond Profit: Where Next for Business?
WATCH IN FULL: an expert panel discuss the future of business and what action is needed to tackle climate change and reduce economic inequality
- Billionaires and poverty should not coexist
It's ludicrous to suggest that we need billionaires to incentivise work and wealth creation.