Not too long ago, hiring the “right” people meant surrounding yourself with acquaintances or people that someone in your organization knew…sometimes referred to as the “friends and family” program of hiring practices.
Corporate governance standards on both sides of the Atlantic have always varied in some respect. That’s natural given the different corporate structures, business codes and laws. Regardless of the differences, the intent and need to have a workable code of corporate ethics and best practices in place has evolved in a remarkably similar fashion despite the geography.