Corporate Governance Code (UK)

The UK Corporate Governance Code sets standards for how companies should be directed and controlled. It aims to promote transparency, accountability, and fairness in corporate practices. The Code provides guidelines on the roles and responsibilities of the board of directors, encourages effective leadership, and emphasizes the importance of shareholder engagement. Companies are expected to follow these principles to build trust with investors and the public. While compliance is not mandatory, firms must explain any deviations from the Code, promoting a culture of responsibility and ethical behavior in the business environment.