Conduct Of Lord Williams Of Elvel And Lord Donoughue

EDM number 390 in 1991-92, proposed by Tim Smith on 12/12/1991.

That this House congratulates both the Lord Williams of Elvel on initiating a debate in the House of Lords on 31st Jan 1991, on the important matter of corporate governance, and the Lord Donoghue on contributing to the debate; agrees with their Lordships that the chairman of a public company should have regard to the interests of employees in general and that alert and truly independent non-executive directors have a role in scaling down the more outrageous ambitions of chief executives and chairmen; and regrets that the noble Lord failed to put these principles into practice as far as their close association with the late Robert Maxwell was concerned.

This motion has been signed by a total of 4 MPs.