United Kingdom Corporate Governance FAQs
Obtain insight on a range of issues related to best practice in board governance; with content written and curated by the senior global team at Integrity Governance who have many years’ experience in making boards more effective.
The content provided by the consultants, led by Founder and Managing Partner John Harte – a sought after speaker and thought leader on board effectiveness, practical governance and business disruption – will provide food for thought for all those committed to delivering boards that add value.
In this section there’s a wealth of topical articles and reports featuring advice and tips on how boards can improve their decision making and be fit for the future, along with industry-related news.
What's the difference between a chairperson vs CEO?
What’s the difference between a chairperson vs CEO? A chairperson is a senior-level position responsible for providing direction and overseeing the board of directors. This includes setting overall strategy, ensuring…
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What's the difference between a managing director vs CEO?
What’s the difference between a managing director vs CEO? The managing director plays a vital role in managing the day-to-day operations of a business or subsidiary. They are typically responsible…
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What is a chairman?
What is a chairman? The chairman plays a pivotal role in any company, acting as a leader and the face of the board. The chairperson oversees all operations and acts…
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What criteria must individuals fulfil to become directors in the UK?
A director may be an individual or another legal entity (such as a company). If the director is an individual, he or she may hold office provided that:• he or…
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What financial and non-financial information must UK companies disclose to the public?
What financial and non-financial information must UK companies disclose to the public? UK companies are required to disclose certain financial and non-financial information, both in general and through their annual…
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How are board members appointed or removed in the UK?
Appointing directors Directors are most commonly appointed by shareholders at a company’s Annual General Meeting (AGM), or at an Extraordinary General Meeting (EGM). If a vacancy on the board arises…
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To what extent can a board delegate responsibilities to committees? Are any board committees mandatory?
A company’s constitution may allow its directors to delegate responsibility for certain decisions to board committees. Committees often have directors as members, although a company constitution can allow non-directors to…
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In the UK, who makes up a board of directors?
Who makes up a board of directors? The composition and selection of a company’s board is set out in that company’s constitution. Articles within the constitution will usually stipulate a…
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What are UK company directors’ duties and responsibilities?
A director owes statutory duties to their company under sections 171 to 177 of the UK Companies Act. These duties include the following:acting within their powers, including acting in accordance…
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What are the main principles of UK corporate governance?
AccountabilityCorporate accountability refers to a board’s responsibility for providing explanations for a company’s conduct.• The board should present a balanced and clear assessment of the company’s position and prospects• The…
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