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How Corporate Governance could be different



Corporate boards could create a "Statement of Purpose"

Shadow banking collateralized loan obligations (CLOs) could be creating a large credit bubble

Stock buybacks could be price-sensitive or not be done to go to R&D / rainy day funds / increasing employee pay / M&A instead

ESG ratings could or could not influence companies positively

Impact investors could redesign compensation and governance structures

A stock exchange could take companies' long term goals into account

Different amounts of votes could be bought in elections

Companies could adopt principles from the UK Governance Code of 2010

The CEO/president and the chairman of the board could have separated roles