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A code fit for the future
18 July 2018
Clear, meaningful reporting with a renewed focus on the application of principles is the FRCís goal for its newly published UK Corporate Governance Code.
It believes the 2018 version of the code puts the relationships between companies, shareholders and stakeholders at the heart of long-term sustainable growth.
Itís also a shorter sharper code and is the product of extensive consultation.
The FRC said the code places emphasis on businesses building trust by forging better and strong relationships with key stakeholders, and that includes employees!
It also calls for companies to establish a corporate culture that is aligned with the company purpose, business strategy, promotes integrity and values diversity.
*Read more about the key changes and what chairman Sir Win Bischoff has to say in the next issue of PQ magazine
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