At the end of November 2016, the British Government published an open consultation green paper on corporate governance reform, seeking views on proposals relating to executive pay, employee and customer voice, and corporate governance in large private businesses.
In this video, Bobby Reddy discusses the government's ambitious green paper. In particular, Bobby casts a critical eye over the proposals revolving around executive pay and employee representatives on boards of listed companies. Rising executive remuneration has long been an emotive issue, and following some high profile instances of extreme executive pay and the rising disparity between executive and regular employee pay, the theme is once again in the headlights of the regulators. Furthermore, Bobby analyses the government's latest proposals with respect to the related topic of representing employee interests in listed companies, which fall somewhat short of previous governmental statements advocating requirements to directly appoint employees as members of boards.
Bobby Reddy is a University Lecturer in Company Law, specialising in corporate governance, corporate finance and corporate law in general. He is a former corporate partner at the global law firm Latham & Watkins LLP having practised in London and Washington D.C. in the areas of public and private mergers and acquisitions, private equity, investment funds, regulatory, cross-border transactions, and company representation. He is also a trustee of the charitable corporate governance think tank, Tomorrow's Company.
For more information about Mr Reddy, please refer to his staff profile.
Law in Focus is a series of short videos featuring academics from the University of Cambridge Faculty of Law, addressing legal issues in current affairs and the news. These issues are examples of the many which challenge researchers and students studying undergraduate and postgraduate law at the Faculty. Law in Focus is available on YouTube, or to subscribe to in iTunes U.
Other collections of video and audio recordings from the Faculty of Law are available at Lectures at Law.
