Description

Celebrating 25 years since the introduction of the Cadbury principles, this book explores the evolution and impact of the UK Corporate Governance Code, a globally respected framework that has transformed corporate governance standards in the UK. Managed by the Financial Reporting Council (FRC) since 2008, the Code’s unique ‘comply or explain’ approach offers companies the flexibility to adapt governance practices to their specific business models while maintaining accountability and fostering effective investor engagement.

This collection of insightful essays examines how the Code has adapted over time in response to major events, including corporate failures and the global financial crisis, and addresses the ongoing challenge of restoring public trust in corporate governance. The book emphasizes the need for governance to focus on achieving better outcomes and sustainable growth, reflecting both evolving business practices and societal expectations.

With contributions from industry leaders and governance experts, the book also outlines the recent review of the Code, which has resulted in a more streamlined version that promotes high-quality reporting and long-term success. This is an essential read for professionals seeking to understand the past, present, and future of corporate governance in the UK and beyond.

Available from FRCA