Four out of five heads of legal (80%) at leading UK businesses say the nature of business is such that there will be abuses whatever corporate governance regime is implemented, the latest Legal Director Benchmarker survey has found.
The second annual corporate governance survey, conducted in association with the London office of national firm Halliwell Landau, also found that one-third of senior in-house lawyers (33%) believe that the latest review of corporate governance – the report by a committee led by UBS Warburg consultant Derek Higgs into the role and effectiveness of non-executive directors – will actually make things worse, not better.
