The FRC has invited interested parties to respond to the Consultation by Wednesday 28th February. NEDonBoard has coordinated a response on behalf of its members and community. NEDonBoard focused its response on Part 1 of the consultation related to the UK Corporate Governance Code and Guidance on Board Effectiveness Questions. We acknowledge that the FRC will publish on…
Last week (29th August), the UK Government released it’s Corporate Governance Reform – government response to it’s November 2016 green paper consultation. The consultation had set out to receive views on how to improve the corporate governance framework, and having received 375 responses, the newly released paper ‘identifies nine proposals for reform which it now…
The government has announced plans to introduce a new register of those publicly listed companies where at least 20 per cent of investors are unhappy with the amount its executives are paid. Proposed measures will be published this week, aimed at improving corporate governance of UK companies and boardroom behaviour, with the register being amongst…
Vince Cable sends warning over slowdown in appointments of female board members to UK companies as first described by Elizabeth Rigby, FT. Top British businesses are at risk of failure to meet a voluntary quota for increasing the percentage of females on boards; they must boost their efforts or face legal consequences, according to Vince Cable, the…
A non-executive director is an outside director on a corporate board that does not serve on the enterprise’s executive committee. As a director coming from outside the corporation, without executive duties, if you are considering becoming a NED (or have been asked to join a board in this manner) there is certain experience which can…
