Codes Of Conduct Gain Traction As 'Comply Or Explain' Embraced By Japan Investors - forbes.com -BoardProspects

Codes Of Conduct Gain Traction As 'Comply Or Explain' Embraced By Japan Investors

forbes.com Dec 27 2013 BoardNews

A belief that codes of conduct remain the best way to guide business forward is at the basis of the United Kingdom's 'comply or explain' approach to corporate governance. Its Corporate Governance Code is regularly reviewed and consultation forms the basis of any changes. While the latest annual review by the UK watchdog, the Financial Reporting Council (FRC) of the Corporate Governance and ...
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1. Investors, meanwhile, need to aspire to the same level of transparency as they themselves expect of the companies in which they invest.
2. We shall not only be looking to boards to demonstrate how they have ensured that their values and standards of business practice are implemented but also progressively hold them to account for doing so.
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- Dina Medland