Quote of the day

I would strongly advocate changing the framework for [company] directors. The current requirement for directors is to promote the success of the company. This is often interpreted in terms of shareholder value.  Whilst this does include the need to have regard to, for example, the impact on the community, I do not believe that is sufficient. There must be a stronger and more explicit obligation to wider society. There must be clear recognition of the need for institutions to contribute to the common good.

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