Sir Nigel Rudd, head of the CBI’s boardroom issues working party, said spreading talent among growing companies could be beneficial for both parties.
Senior managers would receive valuable experience, paving the way for possible future directorships within their own company, while smaller firms would benefit from the experience and talents of new non-executives.
The proposals are likely to be included in the CBI’s forthcoming submission to the government-sponsored review of the role of non-executive directors.
The CBI is keen to avoid extra legislation but is instead examining existing responsibilities and expectations of non-executives to ensure that standards of corporate governance are maintained, reports the FT.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements