Greater expectations
14 December 2015
The nominations committee has an important role to play in achieving long-term stability
Long-term success is at the heart of corporate governance codes and underpins the legal duties of a director. Alongside code and statute, there has also been significant work, such as the 2012 Kay review, on the impact of short termism within listed markets. However, until recently there has been little consideration of the human element involved in delivering success. The former Head of Planning at Royal Dutch Shell, Arie de Geus, suggests that often ‘managers forget that their...
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