Corporate Governance Reform: Turning business towards long-term success

Article

The IPPR Commission on Economic Justice is a landmark initiative to rethink economic policy for post-Brexit Britain. Launched in November 2016, it brings together leading figures from across society – from business and trade unions, civil society organisations and academia – to examine the challenges facing the UK economy and make practical recommendations for reform.

The Commission publishes discussion papers to contribute to debate on issues of major importance. This one looks at why reforming corporate governance is critical to addressing the UK’s longstanding economic weaknesses. Research and deliberations have led to three propositions, which the Commission puts forward for debate.

  1. The British model of corporate governance contributes to Britain’s economic problems.
  2. Exclusive shareholder-based governance is not well founded in either theory or practice.
  3. Three key reforms would improve economic performance, reduce inequality and build public trust in business.

Reforming corporate governance is not a panacea on its own for Britain’s economic weaknesses. But rewriting the rules that govern how firms operate is a crucial step towards building a more productive economy that works for everyone.

For further information or to contact the IPPR Commission on Economic Justice visit: www.ippr.org/cej

Related items

  1. A man stands on a tram during the day holding his phone and wearing headphones

    Empowering people to hold tech accountable

    We need reform to remove structural barriers to people and civil society taking direct action against tech companies in UK courts – putting more power in the hands of people.
  2. The Home Office building in London

    Earned settlement: Decision time

    The government is imminently due to announce plans for a new model of ‘earned settlement’. These are expected to represent the most significant reforms to indefinite leave to remain in a generation.
  3. A little girl in a red school uniform looks at the camera while another student writes with a pencil next to her

    What comes next: A fairer approach to primary assessment

    England’s primary school accountability and assessment system is not working well for disadvantaged children.