4.12 Corporate Governance

4.12.1. Corporations

4.12.1.1. Businesses that have more than 50 employees must have one elected Trade Union Official, or Workers elected employee on the board with voting rights of equal proportion to all board members.

4.12.1.2. All large companies will be compelled to become a PLC with the staff becoming a minimum of 30% shareholders of the company.

4.12.1.3. The profit from the corporation will be shared with the workforce who will be given a minimum of 30%

4.12.1.4. Board members must qualify for their positions on the board if a vacancy becomes available with the Trade union official being a member of the selection committee

4.12.1.5. Companies with more than 250 employees to publish details of the different pay levels for men and women in their organisation and be consulted on executive pay.

4.12.2. Capital Investment 

4.12.2.1. Set out a 10-year rolling capital investment programme for all infrastructure projects of national importance.