Gerry Horkan (Fianna Fail) | Oireachtas source

I thank Mr. Broderick for his opening statement. Regarding the banking form to which he referred, fortunately or unfortunately, corporate governance requires under law that the banks and the directors of the banks do the best for their shareholders. This does not mean they cannot or should not look after their customers or staff. One hopes that ideally they will look after all of them. How does Mr. Broderick think the idea of having worker directors and customer representatives on the board would fit in with corporate governance? The concept sounds plausible enough, but if one places all these people on a board, they must sign up to company law requirements that they do their best for their shareholders - full stop.