A comprehensive analysis of the FTSE 350’s annual reports finds that full compliance with the UK Corporate Governance Code is at 66%, the highest level ever.
Despite this achievement, key areas such as gender diversity, investor engagement and viability statements show little improvement.
Trust in key markets underpins a vibrant economy. Given the recent government proposals on corporate governance, which included a proposed governance code for private companies, and the upcoming FRC Code revision, it is now more important than ever for businesses to improve their corporate governance.
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Video: 2017 Corporate Governance Review explained
Simon Lowe, chairman of the Grant Thornton Governance Institute on the highlights from our annual corporate governance review