WHAT DO YOU THINK OF THE NEW STEWARDSHIP CODE?
ROGER BARKER | INSTITUTE OF DIRECTORS
“Institutional shareholders have a key role to play in the corporate governance system. This code should be a catalyst for them to rethink how they can fulfil this role effectively.”
JOHN CRIDLAND | CBI
“Boards are being asked to raise corporate governance standards and increase engagement with investors. We welcome this as a way to build a long-term approach to ownership, but dialogue is a two-way street and institutional investors need to raise their game too.”
COLIN MELVIN | HERMES EQUITY OWNERSHIP SERVICES
“It is an opportunity for the UK market to reduce its tendency to short-termism and refocus on long-term value. That will help companies avoid pressures to think in a short-term way, and should generate greater long-term value for pension funds and their millions of underlying beneficiaries.”