British study endorses Swedish-style nomination committees

At a conference in London in March 2010, organised by the International Corporate Governance Network, the British think tank Tomorrow's Company presented a study of Swedish nomination committees and their relevance and applicability in the British corporate governance system.

The study conveys a positive picture of the Swedish system of investor-led nomination committees and concludes that there is nothing in the British corporate governance system to stop listed companies from implementing the Swedish arrangements. It ends up commending British companies to begin taking steps toward increased engagement of shareholders by inviting major institutional investors to nominate representatives to serve on their nomination committees.

See Executive Summary and a Summary of media coverage in conjunction with the launch of the study. The complete report may be obtained athttp://www.tomorrowscompany.com/publications.aspx