LGIM pushes for improved governance

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Non-executive directors need to take a more dynamic role in corporate governance, Legal & General Investment Management (LGIM) claims. LGIM said changes in working methods are necessary if corporate governance standards are to be met, and non-executive directors in particular are advised to challenge management decisions and exert stronger leadership. Andy Banks, head of corporate governance at LGIM said: "The financial crisis exposed material shortcomings in the incentive, risk manageme

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