The Boardroom Blog

How does an FD gain commercial skills?

Wednesday, December 01, 2010 | Posted by: Fiona Cullinan
Categories: Research, Thought Leadership | Tags: statistics, report, survey, data, advice, FD, CFO, Directorbank, talent, finance director, analysis, skills, commercial, experience | Total Views: 2516

Understanding the business and getting as much commercial exposure as early as possible is critical for becoming a successful FD, according to Grant Thornton’s recent survey, researched in conjunction with Directorbank. But how? A number of outstanding finance directors share their views…

Continue Reading

Interview Part 2: Professor Sandra Dawson, on governance in charities

Monday, December 13, 2010 | Posted by: Simon Lowe
Categories: Governance, Non-executive director | Tags: governance, risk management, charitable boards, risk committees, non-execs, charities | Total Views: 2512

In Part 2 of our interview, Professor Sandra Dawson, non-executive director at the FSA and Oxfam, talks of her experience of governance in the commercial and charitable worlds.

Can boards of charities learn more about governance from the corporate world?

 

Continue Reading

Best of the Boardroom blog 2010

Wednesday, December 22, 2010 | Posted by: Fiona Cullinan
Categories: Research | Tags: links, Corporate Governance, Corporate Governance Review, blog, best, 2010, NEDs, NED, Boardroom | Total Views: 2450

NEDs, anti-corruption, risk issues and more… here are our top 10 posts of the year for thinking people on the board.

Continue Reading

Are you getting all you can from your support services?

Wednesday, April 20, 2011 | Posted by: Grant Thornton
| Tags: not for profit, colleges, consulting, performance improvement | Total Views: 2406

Our Performance Improvement team have been working with several colleges to identify efficiencies in how they deliver support activities and have helped our clients realise substantial cost savings as a result.  To find out more, watch our podcast…

Continue Reading

Decoding the UK’s defence dilemma

Tuesday, August 31, 2010 | Posted by: Grant Thornton
Categories: Thought Leadership | Tags: Ian Wilson, Aerospace, military, Defence, Government | Total Views: 2282

image

Given unprecedented fiscal pressures inherited by the new UK Government, there is an increasing recognition that the UK will have to reassess how it seeks to assert itself militarily. Given the poor condition of the country’s public finances, it is a widely-held view that the UK simply cannot afford to buy and support military assets to simultaneously project air, sea and land force capabilities on a global scale; nor can it expect to address several major conflicts while maintaining effective security at home.

Continue Reading

How should an FD be incentivised?

Wednesday, December 08, 2010 | Posted by: Fiona Cullinan
Categories: Research, Thought Leadership | Tags: statistics, report, survey, data, FD, CFO, Directorbank, talent, incentives, finance director, analysis, private equity, skills, stake, Plc | Total Views: 2250

There were some differences in how the directors thought an FD should be incentivised, against the views of the outstanding FDs themselves, according to Grant Thornton’s recent survey, researched in conjunction with Directorbank

Continue Reading

Institutional Investors to be more transparent

Friday, February 12, 2010 | Posted by: Grant Thornton
Categories: Governance | Tags: FRC, governance, stewardship code, institutional investors | Total Views: 2243

The Financial Reporting Council (FRC) has set its sights on improving the transparency of engagement between institutional investors and investee companies through its recently published consultation paper.

Continue Reading

The future of narrative reporting

Thursday, October 13, 2011 | Posted by: Simon Lowe
Categories: FRC, Governance | Tags: governance, FRC, Corporate Governance, Simon Lowe, FTSE 350, Corporate Governance Review, financial reporting, BIS, annual reports, IIRC, Ben Langford, narrative reporting | Total Views: 2103

Government plans to rationalise the structure, format and content of annual reports are aimed to improve clarity for investors.

Continue Reading

Bribery Act debate: Enforcement - will it be taken seriously?

Monday, February 07, 2011 | Posted by: Grant Thornton
Categories: Corruption, Non-executive director, Risk | Tags: M&A, CFO, due diligence, Bribery Act, bribery, Companies Act, non-executive directors, G20, board of directors, corruption risk assessment, enforcement, Transparency International, Proceeds of Crime Act, growth review, collective action, infrastructure projects, BAE Systems, risk assessment, World Bank, Adequate procedures | Total Views: 2061

What guarantee is there that enforcement will be taken seriously?  Panel members discuss not only trends in enforcement but the commercial efficiencies of having systems in place to prevent bribery.

Download our guide Continue Reading

Pressure remains on companies to improve female representation on boards

Thursday, October 13, 2011 | Posted by: Ben Langford
Categories: Governance, Non-executive director | Tags: Board, FTSE 350, women, boardroom, gender, women in business, diversity, female, review, quotas, Lord Davies, directors, representation, Ben Langford, Davies report | Total Views: 2036

Fresh changes to the UK Corporate Governance Code by the Financial Reporting Council (FRC) this week seek to “strengthen the principle of boardroom diversity” – and companies are being urged to respond rapidly.

Continue Reading

Interview Part 1: Professor Sandra Dawson, on good governance

Monday, December 13, 2010 | Posted by: Simon Lowe
Categories: Governance, Non-executive director | Tags: governance, FRC, NED, Higgs, FSA, Sir David Walker, board evaluation, Code, non executive director, independence | Total Views: 1974

In Part 1 of our interview, Professor Sandra Dawson, non-executive director at the FSA and Oxfam, draws on her considerable experience to share with us her thoughts on board effectiveness, diversity and what makes a good NED.

Continue Reading

Highlights from the 2011 FTSE 350 Corporate Governance Review

Wednesday, October 26, 2011 | Posted by: Simon Lowe
Categories: Governance | Tags: governance, FRC, Board, compliance, FTSE 350, diversity, chairman, comply or explain, auditor, Davies report, transparency, effectiveness, internal control | Total Views: 1753

Discover the key findings on compliance, board diversity, remuneration and other governance issues in our FTSE 350 Corporate Governance Review, published next month.

Continue Reading

‘Comply or explain’ is working, says FRC

Wednesday, December 14, 2011 | Posted by: Ben Langford
Categories: Governance, Stewardship Code, Thought Leadership | Tags: governance, FRC, Corporate Governance, FTSE 350, Corporate Governance Review, Stewardship Code, UK Corporate Governance Code, guidance, Turnbull, comply or explain, Financial Reporting Lab, institutional investors | Total Views: 1539

The Financial Reporting Council (FRC), which oversees the UK’s corporate governance codes, released a new report today showing a strong uptake of new provisions among companies and shareholders. But the review also highlights some ongoing areas of concern…

Continue Reading

Quoted Company Awards 2012 winners list

Wednesday, January 25, 2012 | Posted by: Fiona Cullinan
| Tags: Grant Thornton, awards, Quoted Company Awards, QCA, winners, Philip Secrett, categories | Total Views: 1379

Ten new stars of British business were crowned tonight at the annual Grant Thornton Quoted Company Awards in London. The high-profile event, attended by more than 800 guests from the City, recognises the talent and achievements of smaller quoted companies and entrepreneurs in the marketplace. So, who came out on top?

Continue Reading

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 | Total Views: 1106

image

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.

Continue Reading