Home British Chamber News BCC responds to green paper on corporate governance

BCC responds to green paper on corporate governance

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Commenting on the release of the government’s green paper on corporate governance today, Adam Marshall, Director General of the British Chambers of Commerce (BCC), said:

“It’s good to see ministers are listening to a wide variety of business views on the future of corporate governance in the UK, and considering a range of options.

“While there is a real appetite from many firms to see action on the very small number of companies and executives whose actions negatively impact the business community as a whole, there is also concern that heavy-handed regulation could reduce investment or create significant costs for firms.

“Reforms need to be proportionate, and businesses will want reassurances from government that any changes resulting from these proposals will not create additional, costly regulatory burdens for medium-sized and smaller companies.

“There is a strong case for the interests of employees, consumers and crucially, suppliers, to be represented in some way in corporate board discussions. We are pleased that ministers are looking at a number of different options for making this happen.”

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Andrew Mann
After 34 years working in numerous operational and communications disciplines for three FTSE companies (Yorkshire Electricity; Meggitt and BAE Systems), at over a dozen locations, on 24 November 2016, I became the inaugural editor of Business Lancashire. Business Lancashire is a good news, Lancashire focused, business website and daily newsletter. It is a partnership between The Samuel James Group and the North and Western Lancashire Chamber of Commerce. Over the years, I have written hundreds of press releases, features for trade magazines, copy for websites and brochures, edited in-house magazines and newsletters, as well as presenting a radio programme on Chorley FM. This experience has given me the ideal background for editing Business Lancashire.