Hampel Committee, Final Report – January 1998

Overview The importance of corporate governance lies in its contribution both to business prosperity and to accountability. In the UK the latter has preoccupied much public debate over the past few years. Business prosperity cannot be commanded. People, teamwork, leadership, enterprise, experience and skills are what really produce prosperity. There is no single formula to…

Details

Walker Review of Corporate Governance of the UK Banking Industry

Overview The original Terms of Reference for the review are to examine corporate governance in the UK banking industry and make recommendations, including in the following areas: the effectiveness of risk management at board level, including the incentives in remuneration policy to manage risk effectively; the balance of skills, experience and independence required on the…

Details

Companies Act 2006

Overview An Act to reform company law and restate the greater part of the enactments relating to companies; to make other provision relating to companies and other forms of business organisation; to make provision about directors’ disqualification, business names, auditors and actuaries; to amend Part 9 of the Enterprise Act 2002; and for connected purposes.…

Details

Other references

Practical Guide to Corporate Governance, 2014, Mark Cardale The Director’s Handbook: Your Duties Responsibilities and Liabilities, 2010, Institute of Directors The Independent Director, The Non-Executive Director’s Guide to Effective Board Presence, 2015, Gerry Brown (more…)
non executive director

Diversity and Leadership

Following a number of reviews into gender and diversity, recent years have seen an increased focus on, and in some organisations a progressive shift in, boardroom composition. Leading on some of these progressive changes, one can be comfortable in crediting Dame Helen Alexender for exemplifying the role of women on boards and for her contributions to the Hampton / Alexander Review. Dating back…

Details
Corporate Governance Code

Corporate Governance in the News

Last week saw the importance of good corporate governance within UK companies feature as a topic in columns of City A.M. and The Times; as well as The Independent highlighting the value of employee representation on boards. As City A.M. phrased it, ‘fixing the corporate governance problem is a national necessity’, and The Times’ article, written by Commissioners of the IPPR…

Details
Liz McMahon

The Code for Sports Governance – new culture means opportunities for independent directors – Liz McMahon

Sport and physical activity boards have historically been perceived as closed to all who were not athletes or sport administrators or those “in the network”.  But thanks to the recently implemented Code for Sports Governance, this is no longer the case.   Initiated by DCMS (the Department for Culture, Media  and Sport) and developed by UK…

Details

Calling All FTSE 350 Companies: Hampton-Alexander Report – Submit your gender data in July

Calling All FTSE 350 Companies – Don’t miss the deadline for submitting your gender data in July in time for this year’s Hampton-Alexander report The Hampton-Alexander Review (the Review) is an independent review body, supported by Government which builds on the excellent work of the Davies Review to increase the number of women on FTSE…

Details