FRC urges companies to provide ‘full disclosure’ of survival prospects
The UK financial watchdog warns that reporting should reflect the impact of Covid-19—under different scenarios—on liquidity, viability and solvency.
Image: OSORIOartist/Shutterstock
UK companies are under notice to be transparent about their prospects for survival as a result of th
Like this article? Sign up to our newsletter to get more articles like this delivered straight to your inbox. For thoughtful journalism, expert insights on corporate governance & an extensive library of reports, guides and tools to help boards & directors navigate the complexities of their roles. Subscribe to Board Agenda Subscribe Here
Related Stories
-
Investor body calls for increased shareholder powers
Investor adviser calls for more powers for individual shareholders, new shareholder committees and CEO pay ratios going back ten years.
-
Shareholder displeasure against S&P500 directors reaches high level
Withholding of votes reaches peak level, sending a signal that shareholders are unhappy with S&P500 directors.
-
Share buybacks prompt promise of fresh US legislation
As Democrat presidential hopefuls line up, corporate governance—including share buybacks—emerges as a campaign issue.
