... 2015 Financial performance Corporate governance Board of directors Shareholders Audit committees Chairmen The global financial crisis of 2007 had created ripples in the faith of banking sector. The reason for this crisis was attributed to financial sectors self – interest behavior...

... also occupies the position of chairperson of the board stands to benefit when the Section 83(b) election is permitted to the detriment of the firm and its shareholders. Boards of directors Chief executives Chairmen Corporate governance The board of directors is at the heart...

.... The author offers a personal view. Findings The author has had extensive discussions with both chairmen and non‐executive directors of FTSE companies and the views in the paper reflect these discussions. Originality/value The value of the paper is to stimulate debate and to promote...