UK corporate governance watchdog wants more progress on women on boards

FILE PHOTO: Canary Wharf and the City of London financial district in an aerial view of central London, Britain, August 8, 2019. REUTERS/Hannah McKay/File Photo

LONDON - FTSE 350 companies in Britain have been slow to develop succession pipelines to increase the number of women on their boards, and should set out how they plan to do so, a corporate governance watchdog said on Monday. “Successful and sustainable businesses should reflect the views of shareholders and wider society, with an understanding of the value greater diversity brings at both board level and throughout the business,” Jon Thompson, chief executive of the Financial Reporting Council, said in a statement.

“Given the clear benefits greater diversity brings we expect to see improved reporting going forward.” The FRC sets the UK Corporate Governance and Stewardship Codes and UK standards for accounting and actuarial work.

10 men of working class background, great at jobs. One woman of wealthy background who doesnt need a job to earn a living. One job on offer, ladies first? It used to tough for such men to get opportunity vs public school men - but not enough discrimination against the poor yet?

Why do they put people on boards? Like a surfboard?

Good to see that the wives, partners and kids and mates of the relatively wealthy (of whatever nationality/race) being given a leg up...

Have they been threatened and blackmailed by the, IMO, corrupt diversity networks and advisors or has the infiltration widened to more institutions? More privilege for the already privileged? Dot the connections.

Would that include those who self-identify as women?

🔥🔥🔥🔥

How does that improve governance?

You'll be sorry.

Wa no trees....

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