The Institute of Directors would like to see urgent temporary measures implemented relating to board decision-making, company reporting and AGMs.

Investors play a vital role in holding boards to account—and well-governed companies safeguard the long-term interests of all stakeholders.

There are fears that the Audit, Reporting and Governance Authority (ARGA) will foster a formulaic and legalistic interpretation of the UK Corporate Governance Code.

The next government must increase the accountability of the corporate governance system to society and encourage a focus on long-term, sustainable business.