Corporate Governance is the system of rules, practices and processes that are put in place to manage and control a company. It is underpinned by the UK Corporate Governance Code.
The current UK Corporate Governance Code (the Code) was published in July 2018, following an extensive outreach and consultation.
The Wates Principles provide a framework to help large private companies raise their standards of corporate governance by offering a structure for reporting to fulfil their legal requirements and demonstrate good practice.
As defined in the 2016 Corporate Culture and the Role of Boards report, culture in a corporate context can be defined as a combination of the values, attitudes and behaviours manifested by a company in its operations and relations with its stakeholders.