Grant Thornton UK’s latest research into corporate governance reveals only a minority of firms are joining up the dots of governance to create sustainable value.
For almost 20 years, the Corporate Governance Review has examined how the reporting of applied governance practices has evolved among UK FTSE 350 companies. With the new UK Corporate Governance Code (the Code) starting to bed in and COVID-19 acting as a catalyst, this year’s review captures a snapshot of a changing world.
UK Corporate Governance Review 2020
This year's Corporate Governance Review shows that the best-performing companies are embracing governance activities, not as separate compliance needs, but as business essentials that are fundamentally linked; risks to strategy, strategy to purpose, and reward to what really matters to all.
These companies succeed by using governance as a dynamic framework to sharpen operational agility, build present and future resilience and, ultimately, to create and sustain value. Yet, still, it seems many see the Code as a box to be ticked. This is a mistake.