Friday 16 April 2010

UK: election 2010 - the Green Party manifesto

The Green Party published its election manifesto yesterday: see here (pdf). A permanent tax on bankers' bonuses is proposed along with the pledge that no one in a bank wholly or partly owned by the State should receive a bonus of more than £ 25,000. With regard to corporate governance, the manifesto contains the pledge to "[r]equire 40% of board members of larger companies to be female within five years". No definition of "larger companies" is provided and, presumably, the intention is for 40% to be a minimum threshold.

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