...Rupert McNeil; Katie Rimmington The Combined Code enshrines the principles of corporate governance for UK companies. It has been very influential but many companies also question its value. The authors, with the help of survey results from Deloitte, assess the change which is being brought about...

... is a targeted examination of the board of directors and corporate strategy with its hit‐or‐miss approach. It is a look at corporate governance and its key stakeholders and what it can mean in the risk management context. The latest International Accounting Standards and the new Basel II banking regulations...

...Robert G. Eccles The author, one of the leading business thinkers in the USA and a former Harvard Business School professor, puts forward his hopes and fears for the year 2004. He hopes that the worlds of financial reporting and corporate governance will become clearer and more effective but he...

.... It is vital, however, that risks are properly considered. Directors must ask whether enough risks – not just too many – are being taken, though I am obviously not talking about matters such as health and safety. © Authors 2004 Corporate governance Risk management Regulation USA...

.... By drastically increasing the number of corporate governance principles through inclusion of an additional 21 supporting principles – the 1998 code had just 14 principles – the new code has greatly increased the disclosure burden on companies. Unlike the more detailed provisions, the number of which is roughly...

...Robert Bittlestone The author provides a seven point plan for what 2004 holds. The predictions range from a tougher environment for company directors as investors fight back and a greater focus from financial reporting on the future and cash. Shareholders Corporate governance Financial...

... dollars of off‐balance sheet debt at the time it filed for bankruptcy. Corporate governance Financial reporting Earnings Debts Investors Risk management Special purpose entities (SPEs) are business entities formed for the purpose of conducting one prespecified activity...

..., that regulation is now seen as a risk. Risk management Financial institutions Regulation Banking Financial instruments Corporate Governance Risk management, it is probably fair to say, is now the biggest game in town – or more precisely the city. This is not simply because times happen to be hard...

...George Littlejohn There have been many efforts at improving corporate governance in the last few years following the spate of American corporate scandals. The reforms have resulted in the focus now moving to one of the most glaring anomalies in the link of safeguards against the risk...

... and damage to personal reputation were comparatively low on the scale of drivers. This finding raises major questions about assumptions that punitive approaches really do encourage good corporate governance and compliance. However, given the increasing move to personal accountability, it may well be the case...

..., and performance enhancement can improve the bottom line. In an era when corporate governance is a critical driver for risk management, behaviour‐based systems are key to embedding best practice throughout the organisation. Figure 1 –‐ The reactive management or “fire‐fighter approach” Figure...

... that good corporate governance brings greater investment but there are important disciplines which ensure the strength of corporate governance and which must be firm but evolving to ensure success. © MCB UP Limited 2002 Corporate governance Audit Regulations Disclosure Directors Remuneration...

...Richard Raeburn The author argues that in difficult times for risk and corporate governance the corporate treasurer is increasingly the most valuable source of information for non‐executive directors. Risk is at the heart of the work of the corporate treasurer. This is particularly true...

... by the ICAEW, show how progress may be made and suggest that the importance of embedding the process in the organisation may lift some of the pressures on audit committees. © Company 2001 Risk management Financial services Audit committees Corporate governance In order to take “reasonable...

...Neal Writer Corporate governance in the financial services sector is influenced by factors peculiar to the industry. The author assesses the influence of analysts and points out that reporting timetables across the industry mean that peer pressure becomes an unusually influential factor. He...

... with an overview of the forces which make an agreed standard a necessity. © MCB UP Limited 2000 Risk management Professions Corporate governance Value United Kingdom RISK MANAGEMENT Risk management: the need to set standards Terry Simister explains the background behind the initiative led...