Aston Business School & FRC Event: Corporate Governance Principles for Large Private Companies
30 May 2018 11:45am to 2:30pm
Wednesday 30 May 2018
12:30pm-2:30pm (arrival from 11:45am for light lunch, tea and coffee)
Large private companies hold a special and significant role in UK society. The strong and sustainable operation of large private companies creates employment opportunities, generates tax revenue, invests in the community, and ultimately generates social value. Responsible businesses acknowledge the role they play, and engage meaningfully with a broad range of stakeholders, including the community they operate in.
In 2017 the Government announced its intention to introduce a new corporate governance reporting requirement for large private companies. To complement this new reporting requirement, the Government appointed James Wates CBE, Chairman of the Wates Group Ltd, to lead a coalition of partners, including the Financial Reporting Council, to develop corporate governance principles to enhance transparency and accountability in large private companies, and improve public trust in business.
This event will involve introductory comments from James Wates as to his vision for the principles, insight from Aston Business School academics, and a panel discussion featuring local company and investor representatives to discuss the role of corporate governance in large private companies and the impact of the new reporting requirement. There will also be an opportunity for the audience to ask questions about the development of the principles.
This event will be of interest to large private companies, investors, academics, as well as auditors and advisors involved in corporate reporting.