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Governance in brief — 2015 a focus on culture and enhanced explanations

Published on: 20 Jan 2015

This publication from Deloitte discusses the corporate governance and stewardship monitoring report published by the Financial Reporting Council (FRC) in January 2015 ("the report").  The report highlights the quality of engagement with, and reporting against, the UK Corporate Governance and Stewardship Codes, provides findings on the quality of engagement between companies and shareholders and provides an indication as to where the FRC would like to see changes in governance behaviours and reporting. Compliance with the UK Corporate Governance Code continues to be “very high among companies of all sizes”; however “examples still exist of generic and boiler-plate disclosures”. Concerns are also expressed regarding the standard of reporting by signatories to the Stakeholder Code and the level of engagement between companies and investors.


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