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Corporate Governance Guidance and Principles for Unlisted Companies in the UK, 2010

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Summary

The "Corporate Governance Guidance and Principles for Unlisted Companies in the UK, 2010" provides a framework for improving governance standards in privately held companies. This guidance encourages unlisted companies to adopt best practices in areas such as board structure and responsibilities, risk management, internal controls, and stakeholder engagement. By following these principles, unlisted companies can enhance transparency, accountability, and overall management effectiveness. The aim is to promote sustainable business practices, foster investor confidence, and ensure long-term success by aligning unlisted companies with the high governance standards typically expected of publicly listed firms.

Thumbnail image for The "Corporate Governance Guidance and Principles for Unlisted Companies in the UK, 2010" provides a framework for improving governance standards in privately held companies. This guidance encourages unlisted companies to adopt best practices in areas such as board structure and responsibilities, risk management, internal controls, and stakeholder engagement. By following these principles, unlisted companies can enhance transparency, accountability, and overall management effectiveness. The aim is to promote sustainable business practices, foster investor confidence, and ensure long-term success by aligning unlisted companies with the high governance standards typically expected of publicly listed firms.
Issuer

United Kingdom

Year

2010

Region

Europe

Issuer (type)

Institute of Directors (IOD); EcoDa The European Voice of Directors (Industry)

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Finance & Insurance
  • Professional, Scientific, & Technical Services
  • Education
Restrictiveness

Moderate

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality

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