Climate change: the next focus for boards

High-impact threats such as climate change are moving up the agenda as board rooms reassess their priorities in light of the current pandemic, according to the World Economic Forum.

The influential body suggests that boards take six steps Read more

Integrated thinking key to managing crisis

Integrated thinking is key to managing the crisis that has followed the spread of coronavirus around the globe, according the global body of professional accountants IFAC. That is particularly true of those in senior management and those charged with Read more

Businesses misaligned over risk

Boards, executive management and internal auditor departments are misaligned over a series of critical risks, according to a recent report – OnRisk 2020: A Guide to Understanding, Aligning, and Optimizing Risk – by the global industry body the Institute Read more

FRC code aims for integrity

The Financial Reporting Council (FRC) published an updated UK Corporate Governance Code in July, which it says puts the relationships between companies, shareholders and stakeholders at the heart of long-term sustainable growth in the UK economy.

Updates to the Read more

Pay ratio reporting set to be a risky business

Legislation looks set to come into force in 2020 which will compel the UK’s largest companies to publish and justify the pay ratios between their CEOs and workers. Its introduction was first announced by business secretary Greg Clark in Read more

Sustainable business

“It is no longer business as usual,” Professor Mervyn King, chairman of the King Committee on Corporate Governance, said in a keynote presentation at the IRM’s Risk Leaders 2017 conference in London in November. Over 160 senior risk Read more

Toned down at the top

Most corporate governance experts say setting the right tone at the top is crucial. It helps communicate the organisation’s values, create positive cultures and raise risk awareness.

The theory says that less senior people emulate the good behaviour of Read more

Corporate governance rethink

The UK’s corporate governance framework has not fundamentally changed in over 25 years. But expectations of what it should achieve have. That is why the governance body ICSA has launched a major review of corporate governance reform.

While the Read more