While organisations are encouraged to pay attention to their impact on society, the focus is often on their core business activity rather than the external impact of their workforce practices. This report examines how the impact of workforce practices, such as diversity and excessive executive remuneration, can be shaped by governance regulation and organisational decision-making.
- Should governance regulation, such as the FRC Provisions and Guidance, include the following topic for senior management: do our workforce policies and practices support or damage our social legitimacy?
- Should senior management set the ‘tone at the top’ to empower management to mitigate this risk?
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