UK Corporate Governance Code
The UK Corporate Governance Code is a set of guidelines aimed at improving the standards of corporate governance for companies listed on the London Stock Exchange. It emphasizes principles such as accountability, transparency, and responsible leadership, ensuring that companies operate in the best interests of their shareholders and stakeholders.
Originally published in 1992 and updated periodically, the code provides a framework for effective board practices, including the roles of directors and the importance of independent oversight. Companies are expected to comply with its provisions or explain any deviations, promoting a culture of accountability and ethical behavior in the corporate sector.