28 February, 2021

Twenty-five years of the UK Corporate Governance Code

The first governance code was launched in Britain 25 years ago, following a set of corporate scandals. Since then, governance has evolved to tackle more complex challenges that are no longer local—they’re global, and they’re pressing.

Image: denniz / Shutterstock

On December 17, 2010, Tarek el-Tayeb Mohamed Bouazizi, a street vendor, set fire to himself in protest at being harassed by the police in the provincial Tunisian city of Sidi Bouzid. In this act of desperation, he could not have anticipated what followed. His self-immolation sparked the Tunisian revolution and helped trigger the wider Arab Spring. That seems an unlikely place to start a discussion about corporate governance, but it’s not really my connection. Earlier last year (and excuse the name-dropping) I interviewed Lady Lynn Forester de Rothschild about her organisation Inclusive Capitalism, a movement devoted to recalibrating capi

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corporate governance, corporate trust, ESG, FRC, inclusive capitalism, Lady Lynn Forester de Rothschild, long term value, purposeful business, responsible business, sustainability, Tarek Bouazizi, Winter 2017