Companies of all sizes could benefit from Corporate Governance and Stewardship Codes

FRC reports positive uptake of UK Corporate Governance and Stewardship Codes in 2012 The Stewardship Code has been a catalyst for greater engagement between companies and their shareholders in 2012. Introduced in 2010, there are now over 250 signatories to the Code, including most major institutional investors. This is one of the conclusions in theContinue reading “Companies of all sizes could benefit from Corporate Governance and Stewardship Codes”

Is ‘comply or explain’ working?

Yes and no is the view of the Financial Reporting Council (FRC) citing research by Grant Thornton which shows that whilst 96% of FTSE 350 companies comply with corporate governance codes, those that do not should provide greater detail when they choose to exempt themselves from corporate governance procedures. The concept of “comply or explain”Continue reading “Is ‘comply or explain’ working?”

FRC: next steps for corporate governance

The Financial Reporting Council has published its first annual review on how the UK Corporate Governance Code and the Stewardship Code, introduced in 2010, are being implemented, and has also outlined its plans to consult in 2012 on amendments to both Codes and related FRC guidance. UK Corporate Governance Code The FRC reviewed 60 corporateContinue reading “FRC: next steps for corporate governance”