Tag: UK Corporate Governance Code
The stakeholder capitalism era could mean more UK governance reform
As the argument for stakeholder capitalism gains ground, are the UK’s corporate governance code and regulatory environment ready for the revolution?
New UK regulator should be freed to focus on audit
There are fears that the Audit, Reporting and Governance Authority (ARGA) will foster a formulaic and legalistic interpretation of the UK Corporate Governance Code.
FRC governance report calls for ‘greater focus’ on culture and strategy
Watchdog warns that many firms are failing to fully consider the importance of purpose to culture and strategy, or take stakeholder views into account.
Labour announces plans for UK corporate governance reforms
Shadow chancellor John McDonnell reveals proposals for supervisory boards, a pay ratio limit of 20:1 and delisting firms that fail to tackle climate change.
FRC reveals increased budget as it prepares for transition
The Financial Reporting Council (FRC) has published its plans for the next year, which will see it focus on audit reform, diversity and corporate culture, as well as the transition to a new regulator.
Organisational models: why teal is the new colour of business
Is corporate governance being used to resolve the agency problem and shift companies to new organisational models? Recent reforms suggest this is happening, even if it is not intended—and the future looks teal.
Why boards need to support whistleblowers
The recently revised UK Corporate Governance Code has re-emphasised the importance of whistleblowing. Resources are available to help boards ensure they are well placed to support the process.
Steps to strengthen boardroom culture, reputation and risk
The revamped governance code and guidance amount to a demand for cultural change in the boardroom. But how should boards change in order to better manage the risks associated with poor corporate culture?
Companies set to swerve option of workers on boards
A survey reveals that despite being an option in the UK’s corporate governance code, workers on boards is an unpopular choice.
Opinions of the code: The good, the bad and the missed out
Revisions to the UK Corporate Governance Code, published in July, have sparked mixed reactions from commentators. One thing is clear: the new code won’t please everyone.