p. 2735. Corporate Governance
- Sarah WorthingtonSarah WorthingtonDowning Professor of the Laws of England, University of Cambridge
Abstract
This chapter discusses the scope of corporate governance as a means of mitigating the ‘agency problems’ arising from centralised management. It covers: the Financial Reporting Council and the UK Corporate Governance Code and Stewardship Code for listed companies; narrative reporting forms; the role of the company secretary; directors’ service contracts; the remuneration of directors; and statutory reforms to deal with directors’ remuneration.
