Who wasn’t appalled this morning to discover that company directors have to apply their minds to documents put before them? Who doesn’t fear the devastating consequence of, as their barrister threatened, the ruling causing boardooms to “empty overnight”?
Who would take on the responsibility of being a director of a corporation now? What possible incentive would they have, except the huge salaries and the fact that any other job would also require them to apply some kind of diligence to the task for which they’re being paid?
The trains right now, at lunchtime, must be full of directors who’ve handed in their resignation and are on their way home.
AND WE WILL MISS THEM.
ELSEWHERE: Corporations continue to resist moves to reveal the ratio between board salaries and those of their average employee. Because we’ll just use the figures to mock their absurd claims about how difficult they have it, I suppose.