The UK's latest corporate governance initiative
The UK's third blueprint for good governance is facing criticism from some leading institutional investors. Drawn up by a committee chaired by ICI's Sir Ronnie Hampel, the preliminary report stands accused of leaving key questions unanswered. Business leaders, however, have given it a more positive welcome.
Hampel and his team are currently fielding responses before issuing a final report in December. Essentially, the committee's conclusion is that good governance will be achieved by flexibility
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