The Financial Reporting Council has published more information about its project on corporate culture and boards, including an invitation to participate: see here. The project contains several work streams, including the role of the board in delivering sustainable success and what is called "People issues" (aligning culture, values, human resource practices and performance reward systems). The FRC intends that the project will lead to new guidance, with culture at its centre, replacing the guidance it published in 2011 on board effectiveness (here, pdf).
Thursday, 8 October 2015
UK: The FRC's project on boards and corporate culture
The Financial Reporting Council has published more information about its project on corporate culture and boards, including an invitation to participate: see here. The project contains several work streams, including the role of the board in delivering sustainable success and what is called "People issues" (aligning culture, values, human resource practices and performance reward systems). The FRC intends that the project will lead to new guidance, with culture at its centre, replacing the guidance it published in 2011 on board effectiveness (here, pdf).
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