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The UK Corporate Governance Portal - Effective company stewardship

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The first two sections of the UK Corporate Governance Code focus on the leadership and effectiveness of a company’s board. The UK Corporate Governance Code has always placed great importance on the clarity of the roles and responsibilities of the board and its members, and on accountability and transparency. However, an effective board and its members must think hard about the way in which they carry out their role and the behaviours that they display, not just about the structures and processes that they put in place. In March 2011 the Financial Reporting Council published guidance to assist boards in this area.

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