In today’s briefing:
- How Many Companies Will Be Able to Keep up with the Next Revision of the Corporate Governance Code?
How Many Companies Will Be Able to Keep up with the Next Revision of the Corporate Governance Code?
- It seems unlikely that there’ll be an increase in formal criteria for corporate governance, like in the previous revision. It looks like there’ll be more demand for human capital disclosure.
- Many companies don’t fully understand human capital, and there’s concern that achieving disclosure criteria will become the goal, rather than original objective of investing in human capital to create value.
- The revised Corporate Governance Code requires verification that management resources are being appropriately allocated to investment and shareholder returns. It seems that simpler questions are better than difficult “technical terms.”
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