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Boards need to put people first

They have to set the tone at the top, and are increasingly assuming accountability for corporate culture.

"Attracting and retaining the best talent increasingly requires a clear expression of purpose." - BlackRock CEO Larry Fink

IN this age of increasing shareholder activism, investors are calling for stronger board oversight of executive compensation, succession planning, gender equity, corporate culture, and organisation development issues.

For instance, in his annual letter to CEOs of all investee companies,...