The report on the recruitment and development of non-executive directors by London Business School dean Laura Tyson recommended that boards introduce a more rigorous and transparent selection process for non-execs, improve training and evaluation methods for board members, and promote wider searches for potential candidates.
The report suggested that a wider search for non-execs would promote more women and minorities into the positions and improve a company’s performance by bringing in a broader viewpoint.
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
Charles Tilley's departure from CIMA leaves the accounting world quieter, but his institute with an exciting foundation