The election of Joe Biden and Kamala Harris puts the spotlight on US corporate governance and the way businesses are run.
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While all eyes are fixed on whether Donald Trump will leave the White House, others have moved their attention to likely policy decisions under a Biden presidency—and corporate governance is one of the issues on the agenda.
Though we have yet to see detailed proposals, there are clues indicating the likely direction of travel. Both Joe Biden and Kamala Harris have expressed their concerns over key issues in business, suggesting they both think that change is needed. They are also assuming power at a time when the discussion about the way businesses should be run has never been more intense.
It’s worth summarising the big picture. Bi
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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.