Magazine article The Spectator

A Fat Cat Writes: Away with This Girthist and Speciesist Bias in Boardrooms

Magazine article The Spectator

A Fat Cat Writes: Away with This Girthist and Speciesist Bias in Boardrooms

Article excerpt

It is a sad reflection on modern business life that the debate on corporate governance and boardroom pay should be conducted in terms of mindless prejudice (writes my feline correspondent, Mrs Jellicle). Every director who is allowed to curl up on a million-pound cushion attracts a term of abuse which I shall not repeat. Suffice it to say that this must be deeply offensive to all cats, and particularly to those who could be described as exhibiting the fuller figure. It typifies the girthist and, indeed, speciesist attitudes which have held back cats' careers for so long. The Companies Acts make no distinction between classes or species of directors, but legal theory is one thing and practice another, and we arc all too accustomed to banging our heads on the glass cat-flap or getting stuck in it. We can only wonder why those on the other side of the flap require so many inducements to see them through the day: salaries, bonuses, share options, long-term incentive schemes, pension plans, arrangements for having their fur stroked by counsellors - all devised by consultants who make a good living out of complexity, and ratified by committees of non-executive directors who, in their weekday jobs, are on the receiving end of arrangements just like these. …

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