Sunday, March 06, 2011

Board diversity key to avoiding groupthink: Financial Reporting Council


The UK's Financial Reporting Council has stressed again the importance of diversification at company board level, in new guidance published today to accompany its corporate governance code.

Its report comes a week after Lord Davies said that FTSE100 companies must voluntarily aim for a quarter of their boards to be made up of women by 2015.

The UK’s corporate governance code was updated last year for the first time since 1998.

See full Article.