The Dialogue in corporate governance initiative aims to facilitate a better understanding of different approaches to corporate governance. It encourages dialogue around business, investment accountancy and policy issues relating to corporate governance.
The globalisation of capital markets are encouraging demands for consistency in corporate governance practices so as to reduce complexity and confusion.
Difficulties arise in striving to achieve a single, global approach to corporate governance.There are too many deep-rooted cultural and structural differences for a single approach to work equally well in all countries and for all companies regardless of their stage of development and business. However, while there are different approaches to corporate governance at a national level, good practice can benefit financial stability and market confidence internationally.
The ICAEW has launched the Dialogue in corporate governance initiative to challenge commonly held assumptions, identify fundamental questions, set challenges for future research and generate practical proposals.
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