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The BEIS Inquiry on Corporate Governance

PIRC appreciates that this inquiry reflects the concerns expressed in the report on the corporate governance failings highlighted by the Committee’s recent inquiries into BHS and Sports Direct, and in the wake of commitments from the Prime Minister to overhaul corporate governance.

In focusing on these matters, PIRC believes that both companies exhibit the risks that arise where there are large/controlling shareholders. We recommend that the Committee give further study to the role of directors’ duties.

 

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