Following a year of corporate scandals, accounting issues and executive misconduct, rumblings of a tightening of the Corporate Governance Code in 2020 have been emanating from the Financial Reporting Council (FRC). If these changes bear out, they will have serious implications for business leaders across the corporate sector.
In this article published in FT Adviser, YSC’s managing director and head of Europe, Sam Gilpin, discusses why, in an environment which may lead to of greater culpability for the top brass, business leaders need to guard against creating a culture of fear as they take important steps to strengthen corporate governance standards.