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Employee representation on boards

‘Theresa May’s plan to put workers on boards is borrowed from Germany and France’ the Independent’s tongue-in-cheek headline stated after the UK voted to leave the EU. Now that the Government has shelved plans to put worker representatives on company boards, it looks like there has been a reprieve for the UK’s longstanding unitary board system. But is that the end of the argument for two tier boards?

George Dallas, Policy Director at the International Corporate Governance Network (ICGN), will chair a panel debating the advantages and disadvantages of a two-tier system such as Germany’s where a supervisory board makes the strategic decisions while a separate board handles day-to-day management. Without the dual board system, which gives half of the seats on a supervisory board to officials of unions of works councils, the panellists will consider how else employees and other stakeholders might have a voice in the boardroom.

George was appointed Policy Director at ICGN in 2014 and coordinates ICGN’s governance polices and committees, as well as playing an active role in ICGN’s regulatory outreach. He is also a visiting lecturer and a member of the Steering Committee of the Centre for Corporate Governance Research at Cass Business School, where he teaches MSc and executive education courses in corporate governance. He also works as an independent advisor and is a member of the Private Sector Advisory Group of the World Bank Group’s Global Corporate Governance Forum, as well as being a member of the Corporate Governance Advisory Committee of the Institute of Chartered Accountants of England and Wales.

The panel discussion will be at 15:30 on Tuesday 4th July. The full panel line-up will be announced shortly.

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