Values and governance integral to business success, says FRC
Financial Reporting Council chairman says wealth creation favours the few while governance must create an environment in which all stakeholders can thrive.
Wealth creation is “disproportionately favouring the few”, with the position aggravated by examples of companies failing to maintain high standards of behaviour, according to one of the UK’s highest-ranking governance chiefs.
Speaking at the first ICGN/IIRC joint conference on governance and corporate reporting, Financial Reporting Council (FRC) chairman Sir Win Bischoff said that values, behaviour and good governance were integral to business success.
“[They must] create an environment in which all stakehold
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