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A Trade Union Congress Perspective on the Company Law Review and Corporate Governance Reform since 1997

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  • Janet Williamson

Abstract

This article examines the Company Law Review and other corporate governance reforms introduced by the Labour government since 1997. It argues that an opportunity has been missed to implement fundamental change by giving employees and other key stakeholders rights in companies equal to those of shareholders. However, reforms that aim to make the existing system work better by promoting responsible shareholder activity have been introduced, and proposals to increase company disclosure on employee and other stakeholder relationships are in the pipeline. The potential of the reforms to offer trade unions new tools for promoting workers’ interests is examined.

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  • Janet Williamson, 2003. "A Trade Union Congress Perspective on the Company Law Review and Corporate Governance Reform since 1997," British Journal of Industrial Relations, London School of Economics, vol. 41(3), pages 511-530, September.
    • Handle: RePEc:bla:brjirl:v:41:y:2003:i:3:p:511-530
    DOI: 10.1111/1467-8543.00285
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    References listed on IDEAS

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    1. Bob Tricker, 1998. "Editorial: Platitudes parading as paradigms – reactions to the Preliminary Report of the UK Hampel Committee on Corporate Governance," Corporate Governance: An International Review, Wiley Blackwell, vol. 6(1), pages 2-4, January.
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    Cited by:

    1. Helen ANDERSON, 2014. "Pressing the right buttons: Australian case studies in the protection of employee entitlements against corporate insolvency," International Labour Review, International Labour Organization, vol. 153(1), pages 117-142, March.
    2. Collison, David & Cross, Stuart & Ferguson, John & Power, David & Stevenson, Lorna, 2014. "Financialization and company law: A study of the UK Company Law Review," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 25(1), pages 5-16.
    3. Paul Bridgen & Marek Naczyk, 2019. "Shareholders of the World United? Organized Labour's Preferences on Corporate Governance under Pension Fund Capitalism in the United States, United Kingdom and France," British Journal of Industrial Relations, London School of Economics, vol. 57(3), pages 651-675, September.

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