UK Cos. ‘Paying Lip Service’ To Corporate Governance
Law360, London (January 9, 2020, 3:38 PM GMT) -- Companies listed on the London Stock Exchange are using the updated corporate governance code as a “box-ticking” exercise and are failing to improve culture and diversity in their workplaces, the Financial Reporting Council said Thursday.
The auditing watchdog said it has found that larger companies listed on the London exchange are “paying lip service” to its U.K. Corporate Governance Code. The FRC updated the guidance in July 2018 with the aim of improving boardroom culture and rebuilding public trust in British business after a string of corporate scandals, including the collapse of construction giant Carillion.
But the regulator said it found...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!