Willie Penrose (Longford-Westmeath, Labour)

Was the Tánaiste surprised at the Stock Exchange's response to Mr. Raleigh's report? It said there appeared to be a disconnect between the findings of the report on corporate governance for Irish plcs and commentary contained in the study. Has the Tánaiste examined that? Basically, Grant Thornton was recommending that the Tánaiste introduce new legislation to incorporate those key provisions, in particular, relating to the roles of audit committees and directors. I found the comment of the Stock Exchange puzzling to say the least.

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