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As Covid-19 has shown, governments in the future will have to accept a more active role in the economy. In this context, the regulatory framework for corporate governance will need to be adapted to support economic growth and encourage responsible business practices. A new report from Labour Business provides a route for how the Labour Party in office might begin to bring this about. It discusses reforms relating to shareholders, directors, and employees, as well as broader issues of regulation and enforcement.
By Chris Rees and David Offenbach
Open the full report here or see below:
Towards Democratic and Sustainable Business: Possibilities for Corporate Governance Reform