Sports Direct will commission an external review of its board of directors and a report into workers ’ conditions . The company is currently facing a revolt by shareholders over the reappointment of chairman Keith Ashley at its AGM next month . Last year , over 28 % of independent shareholders did not back Hellawell . New rules mean that the chairman must now be approved by these shareholders and not simply by owner Mike Ashley , who has a 50 % stake in the company . The UK corporate governance code recommends that all listed companies have such an external valuation every three years. Shareholders will also vote on a Unite motion calling for an independent review of “ human capital management ” at the firm .
Sports Direct will commission an external review of its board of directors and a report into workers ’ conditions . The company is currently facing a revolt by shareholders over the reappointment of chairman Keith Ashley at its AGM next month . Last year , over 28 % of independent shareholders did not back Hellawell . New rules mean that the chairman must now be approved by these shareholders and not simply by owner Mike Ashley , who has a 50 % stake in the company . Shareholders will also vote on a Unite motion calling for an independent review of “ human capital management ” at the firm .