Tag: Work and Pensions Committee
Financial Reporting Council to face ‘competency inquiry’ by government
The Financial Reporting Council faces a government-backed independent inquiry into its operations, as revealed during the Carillion investigation.
Carillion chairman ‘lacked even a tenuous grasp’ on its position
A failure to gain sponsor support for fundraising just days before last summer’s huge profit warning at Carillion didn’t deter its chairman supporting an “upbeat assessment” of the business.
That was the governance week
Fundamental reviews, executive pay and large private companies make the governance headlines this week.
MPs say extend governance code to private companies
Large private companies should be subject to the same governance rules as publicly listed companies, concludes committee of MPs.