Thursday 10 December 2015

UK: Grant Thornton's annual review of FTSE350 company corporate governance

Grant Thornton has published the 2015 edition of its annual review of governance, based on the analysis of the annual reports of FTSE350 companies: see here (pdf). The report notes that 57% of companies complied fully with the UK Corporate Governance Code. The principal area of non-compliance is board independence. For the first time in four years, there was a reduction in the number of FTSE100 companies claiming full compliance (down to 64%). Reporting by companies of some matters - such as culture - remains highly variable.

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