Rebuilding trust, going beyond compliance
Compliance with the UK corporate governance code has improved but Simon Lowe argues that compliance is no longer sufficient.
If I had a pound for every time I hear the word "trust" being mentioned in conversations, in news reports, in corporate statements or by politicians these days, I would be a very rich man.
This explosion reflects what many have been seeing in society as reflected in both the Brexit and US presidential election outcomes. Namely, when individuals, institutions or organisations become too distant from those they serve, trust—the unspoken licence that has enabled them to operate—fractures.
As a result society reforms around cliques (be they gen
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