The absence of corporate governance reform details from the government’s legislative agenda has caused concern in the business community.

Queen’s Speech lays out legislative agenda for Theresa May, but ignores corporate governance despite the issue being at the heart of the prime minister’s social justice agenda when she first came to power.

Theresa May announced a fresh election yesterday, casting uncertainty on when the UK’s companies will see reforms to corporate governance.

The key focus of governance reform should not be on reducing the number of scandals, but instead on how to encourage risk-taking and investment in pursuit of a societal purpose, says think-tank Tomorrow’s Company.

A new report calls for radical reform of UK governance, placing six policy levers at the core of creating “purposeful” companies that would benefit both business and society. Alex Edmans explains how this could be achieved.

Think-tank issues 22 recommendations calling for change to governance, asset managers and accountancy.

FRC seeks powers to prosecute company directors and monitor governance reporting, and suggests expansion of remuneration committees’ role.

While the government’s green paper offers shareholders annual binding votes, investors are reportedly in favour of a milder policy.

Investor group wants tougher action on executive pay, warning that government action could damage shareholder value.

Think tank Tomorrow’s Company tells MPs the UK needs new investment trusts to encourage long-term patient capital.