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The
Purposeful Company Task force - formed within the
Big Innovation Centre, under the direction of the
Purposeful Company Steering Group - has published its interim report: see
here (
pdf). The purpose of the report, to quote directly from it, is to argue for better conditions to allow companies to increase long-term value creation.
The report does not contain recommendations, but instead invites views on 21 policy options grouped under the following headings: business implementation and remuneration; corporate governance and commitment devices; blockholding, monitoring and engagement; strengthening the capabilities of asset owners; and reversing the decline of British equity ownership
A summary of the options (with information about making a submission) is available
here (
pdf).
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