Scrutiny
Many of the revisions and proposed revisions to the UK corporate governance code have been about closer scrutiny for accountability and to raise the bar on standards of behaviour - as have moves on regulation.
Governance Watch - Issue 20
Culture
On a fundamental level, good governance is about good behaviour, and conduct contributes to culture – whether it is business culture, or what is considered acceptable in civil society. In Britain, in corporate governance circles we talk about the need to ‘tone from the top’, with the implication being that those in leadership roles set an example by their behaviour. But when the media headlines are full of revelations about sexual harassment in the corridors of political power, and the country has a female Prime Minister, it all starts to get interesting in terms of the winds of change.
