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FRC (2014)The UK Corporate Governance Code (September 2014)here

Preface (partial)

"Over two decades of constructive usage of the Code have contributed to improved corporate governance in the UK. The code is part of a framework of legislation, regulation and best practice standards which aims to deliver high quality corporate governance with in-built flexibility for companies to adapt their practices to take into account their particular circumstances. Similarly, investors must take the opportunity to consider carefully how companies have decided to implement the Code. There is always scope for improvement, both in terms of making sure that the Code remains relevant and improving the quality of reporting."


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