As the environment in which our
companies, their shareholders and the
wider stakeholders continues to develop
the board must remain vigilant to its
responsibility for governance
The most recent iteration of the UK Stewardship Code prioritises sustainable value for beneficiaries, the economy and society, whilst substantially raising expectations for how money is invested on behalf of UK savers and pensioners. How effective is your stewardship?
In July 2018 the Financial Reporting Council updated their coproate governance code providing UK businesses with a set of principles that emphasise the value of good corporate governance to long-term sustainable success.
FRC published their guidance on board effectiveness in July 2018 to stimulate boards' thinking on how they can carry out their role and encourage them to focus on continually improving their effectiveness, with suggestions of good practice in supporting directors and their advisors with applying the code.
For any new director, a learning curve comes with the territory. Just how steep that learning curve is – and how quickly a new director is able to contribute meaningfully to the work of the board and its committees – can hinge directly on the quality of the onboarding process.
Contact us to find out how the KPMG Board Leadership Centre can support your non-executive career.
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