A question on #CorporateGovernance #Reform tabled by Martin Wrigley on 12-06-2025 has been answered by Justin Madders.

Heading: Corporate Governance: Reform
Question ID: 1812089
UIN: 59450
House: Commons
Date tabled: 2025-06-12
Asking Member ID: 5111
Asking Member display name: Martin Wrigley
Asking Member handle:
Asking Member Twitter reference: Martin Wrigley
Member interest: false
Question text: To ask the Secretary of State for Business and Trade, whether he plans to support reform in corporate governance from shareholder primacy towards stakeholder primacy.
Is named day: false
Date of holding answer:
Date answered: 2025-06-20
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4418
Answering Member display name: Justin Madders
Answering Member handle: justinmadders
Answering Member Twitter reference: @justinmadders
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: Section 172 of the Companies Act 2006 requires company directors to have regard in their decision-making to the interests of their employees and to the impact of the company's operations on the community and the environment. All large companies must repor...
Original answer text:
Comparable answer text:
Answering body ID: 214
Answering body name: Department for Business and Trade
Tweeted: true