Britain's corporate chairmen are up in arms over a government-commissioned review by Derek Higgs, a former banker, of the role and effectiveness of non-executive directors.

ECONOMIST: British corporate governance

In Britain, a committee under Derek Higgs, an investment banker, is expected to recommend that boards be more open about how they appoint non-executive directors.

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Coventry's Ricoh Arena stadium was jointly funded by the council and the Alan Higgs Trust - a charity run by businessman Derek Higgs - and is run by Arena Coventry Limited (ACL).

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This week's thoughtful report (see article) by Derek Higgs, a banker whom the government asked to review the role of non-executives, rightly insists that chief executives should not be promoted to chairmen (which often makes life hell for the incoming boss).

ECONOMIST: Corporate governance