Abstract
Recommendations for policy makers include paying Independent directors in order to help attract a broader cross-section of people to become independent directors and, thereby, deliver more diverse boards. An overhaul of governance structures is also recommended in the private, public and third sectors. A culture of engaged stewardship needs embedding in all of our institutions to ensure that they are run in the interests of all stakeholders. The mandate of the NHS is too broad and also too open. As a consequence it makes the job of board trustees extremely difficult if not almost impossible to achieve. Proposals are made for a more defined mandate.
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Notes
- 1.
Alison Wheaton, ‘Payment for University Governors? A Discussion Paper’, Higher Education Policy Institute report 118, 2019, https://www.hepi.ac.uk/wp-content/uploads/2019/07/HEPI-Payment-for-university-governors-A-discussion-paper-Report-118-11_07_19.pdf.
- 2.
Didier Cossin, Boon Hwee Ong and Sophie Coughlin, ‘Stewardship: Fostering Responsible Long-Term Wealth Creation’, IMD, 2015.
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Brown, G., Kakabadse, A., Morais, F. (2020). Recommendations for Policy Makers. In: The Independent Director in Society. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-51303-0_10
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DOI: https://doi.org/10.1007/978-3-030-51303-0_10
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-51302-3
Online ISBN: 978-3-030-51303-0
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