Thursday, March 24, 2011

Financial Reporting Council publishes New Guidance on Board Effectiveness


FRC PN 323

The Financial Reporting Council (FRC) has today published new guidance to encourage the boards of listed companies to consider how they can lead their companies most effectively.

‘Guidance on Board Effectiveness’ is one of a series of guidance notes issued by the Financial Reporting Council to assist companies in applying the principles of the UK Corporate Governance Code. It reflects the changes that were made to the Code in 2010, such as the greater emphasis placed on the role of the chairman and the importance of getting the right balance on the board.

See full Press Release, in pdf format.