Comply or explain: three ways to make a meaningful explanation
Thursday, March 15, 2012 | Posted by: Ben Langford
Categories:
Governance,
Thought Leadership
| Tags: governance,
FRC,
Corporate Governance,
FTSE 350,
financial reporting,
UK Corporate Governance Code,
comply or explain,
narrative reporting,
institutional investors
Corporate governance compliance appears to have plateaued so the focus is now on explaining why a company has not complied and acted the way it has.
Here we review the current mindset behind the ‘comply or explain’ principle, which underpins corporate governance in the UK, and look at three suggestions to improve the quality of explanations.
