Some Board of Directors Members Elected by Employees

Another reform to publically traded corporations could require that, in any company having more than a specified number of employees, a percentage, up to 50 percent, of the board of directors be elected by employees in a democratic vote. (Employees should be defined as any person doing work for some minimum number of hours for the company. This would include some contractors, and avoid companies getting around this requirement by using “contractors” rather than “employees”). This arrangement would increase the feedback between the employees and the board of directors, which otherwise may become detached from employees of the company.

Leave a Reply

Your email address will not be published. Required fields are marked *