Prem Sikka: Shareholders have run the show for too long – it’s time for radical reform to company boards

What Prem Sikka writes is not only true for Britain, but for the rest of Europe as well. But beware:In Germany, where unions are well represented in boardrooms, union representatives often become as corrupt and self-seeking as the managers on the board. In fact, when new lay-offs are planned, a union member of the board often changes sides and is made head of personnel to do the dirty work.

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