Times are changing in the world of corporate governance. No longer are companies simply reacting to irate shareholders hellbent on ditching incompetent management teams
'Corporate governance has become so important that it should be dealt with as an integral part of the management of a company. It now deserves the attention of the entire board. '
So says John Wilcox, chairman of Georgeson. Although others might not be quite so enthusiastic, corporate governance has become a fact of life for most companies. The current wave of best practice measures may have originated in the US, but the principles are now being exported to capital markets across the globe.
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