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In this chapter I explore the UK Code of Governance as a model for the spread of notions of self-regulation into Codes of corporate governance worldwide. I then briefly discuss some limitations and problems of the UK Code, arguing that it implicitly operates on the basis of suasion; that its...
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After the financial crisis, there has been considerable debate about the role of corporations in society. It has become broadly accepted that corporations - particularly the world's largest publicly traded corporations – need to be governed with respect for the society and the environment....
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Sustainability and social inequality are ‘grand challenges’ with a strong impact on companies and investors. The dominant theories and institutions of corporate governance present significant constraints on the capacity of practitioners, including company and fund managers, to engage in a...
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In 1984 the European Commission issued the Eighth Company Law Directive requiring each member State to ensure that its national rules met common standards for the education, training and qualification of statutory auditors (84/253/EEC; OJ 1984 L126/20). The Directive insisted that national...
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