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International Corporate Governance Principles, 1999

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Summary

The overriding objective of the corporation should be to optimise over time the returns to its shareholders. Where other considerations affect this objective, they should be clearly stated and disclosed. To achieve this objective, the corporation should endeavour to ensure the long-term viability of its business, and to manage effectively its relationships with stakeholders.

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Issuer

United Kingdom

Year

1999

Region

Europe

Policy Type

Disclosure

Geographical scope

National

Mandatory or voluntary

Voluntary


Main industries targeted
  • Finance & Insurance
Restrictiveness

Very High

Sustainable Development Goals (SDGs)
  • SDG 5: Gender Equality
  • SDG 12: Responsible Consumption and Production
  • SDG 16: Peace, Justice, and Strong Institutions
  • SDG 17: Partnerships for the Goals

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