Response to the Corporate Governance Green Paper

Monday, February 20th, 2017

CORE has submitted a response covering sections 2-4 of the Green Paper. We argue that the current framework of enlightened shareholder value, combined with a voluntary Corporate Governance Code and an emphasis on ‘culture,’ has failed to address egregious corporate malpractice and to provide collective and individual accountability for management failures. Only genuine reform, not minor adjustments and more voluntary schemes can address these issues.

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