The last 20 years of failure to tackle boardroom excess should prompt a more radical approach.
Cyrus Mistry pictured leaves after a meeting in Mumbai, Oct 26.
Theresa May was supposed to meet with bosses of the Indian conglomerate, but an age-old issue with the family firm has got in the way.
Do they still rule the world?
Corporate board via www.shutterstock.com
While few would bemoan its end, the club fostered strong ties among the titans of Corporate America and ensured moderate candidates and policies. Its death has led to more extremism.
Hart and Holmström changed the way we think about corporate governance.
A High Street store may give Theresa May the model for bolstering the role of employees in how companies are run.
Proposed laws will put corporate executives in the firing line when the law is broken on their watch.
Africa needs to structure better economic deals with China.
The Chinese £1bn investment in Sheffield, a former mining town in northern England, comes with valuable lessons about how Africa can maximise economic value in its dealings with China.
Worldwide real estate makes up 60% of the value of all global assets. But it's being concentrated into the hands of a wealthy few.
Philip Green: hit hard by MPs.
Philip Green has been vilified by MPs just as Theresa May vows to take on bad behaviour in big business. New research reveals just how urgent a task this is for voters.
Blowing in the wind.
A five point plan to give Britain an approach which tackles climate change while fostering growth.
Feel-good fudges designed to boost staff morale are giving way to tangible projects which can be reported to shareholders.
People walk through the London Stock Exchange lobby. Will the excesses of big business become more prominent in post-Brexit UK?
The UK's free market orientation and its strong tendency towards short-termism and impatient capital could have significant adverse effects on the economy in the long run.
MTN Nigeria has been hit with a giant fine for failing to comply with the country’s regulations.
Nigeria has imposed massive fines on two large multinational corporations. The fines have one thing in common – the seeming lackadaisical attitude to regulation and regulators.
Successful group outcomes aren’t guaranteed by the simple recipe of ‘Just add diversity.’
Talking image via www.shutterstoc.com.
The relationship between social science research and advocates and policymakers is undermined if they cherry-pick evidence that supports their goals, ignoring the wider field.
The United Nations building in New York.
United Nations Photo
The UN has been mulling how to keep our biggest corporations in check for about 40 years. The fear is that the latest move by countries down the supply chain will fail to make any headway.
A square deal for the Square Mile.
Scandals at some of our biggest companies have highlighted a painful truth. The voluntaristic governance system put in place by City elites simply doesn't work.
“Can I quota you on that, Jeremy?”
For a cultural benchmark of our nation’s best and brightest, there’s something wrong with the BBC show University Challenge. If you tuned in over the festive period for the seasonal special final, you…
Shattering. Capitalism gets harder to love.
Modern capitalism has a massive structural flaw in one of the cornerstones of its existence. The corporations which form the predominant business structure and which are the main instrument for dividing…
Today in Britain there is hardly a major business that has not been accused of wrongdoing. From the banks to GlaxoSmithKline and BP, both of whom have had their coffers lightened somewhat after paying…
Peep, peep: calling time on poor protections.
Think whistleblowing is a matter of telling the truth? Think again. “Successful” whistleblowing, where the protagonist actually manages to make themselves heard in the media and get the support of the…