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
For thoughtful journalism, expert insights on corporate governance and an extensive library of reports, guides and tools to help boards and directors navigate the complexities of their roles, subscribe to Board Agenda
Related Stories
-
General election creates uncertainty for governance reform
Theresa May announced a fresh election yesterday, casting uncertainty on when the UK's companies will see reforms to corporate governance.
-
Mind the (pay) gap
The gulf between executive and employee pay is widening, but nomination and remuneration committees should exercise restraint, argues Angeli Benham.
-
Tax transparency is here to stay
Companies are volunteering more about their tax affairs. But it comes in the context of governments and regulators preparing to set higher demands on disclosures.
