Get large investors more involved in appointing directors and get boards to use more outside advisers.

FORBES: If They Were In Charge...

The FRC stated that all publicly traded companies should be required to explain themselves if they choose to refrain from appointing female directors.

FORBES: U.K. Regulators Consider Requiring Listed Companies to Appoint Female Board Members

Much as the chaebol bosses gripe that appointing outside directors is costly and risks transferring corporate secrets, their pleas are likely to fall on deaf ears, not least because the same rule already applies to commercial banks.

ECONOMIST: South Korean finance

Reforms have pushed companies towards appointing a majority of non-executive directors who are genuinely independent of the chief executive, instead of the golfing chums the boss used to invite into the boardroom.

ECONOMIST: Pity the poor, post-Enron company boss