EDITORIAL: Foxes design another lucrative hen house
There is one problem with the WEF’s ground-breaking proposals on jobs and tax: the accounting firms
January 2020 might not have been the best time for the World Economic Forum (WEF) to launch a report containing proposals for a revamped corporate governance framework. While its detailed recommendations might chill the blood of executives already weary of box-ticking, some will delight the protesters who pitch up at every Davos meeting.
The proposals are designed to enhance the responsible leadership in the system of stakeholder capitalism many corporate and political leaders are now calling for. Much of the report contains the sort of trite analysis contained in many integrated annual reports. But there is also much that advances corporate governance and stands to make a significant contribution to stakeholder capitalism...
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