We use cookies to make this site as useful as possible. Read our cookie policy or allow cookies.

An international perspective on corporate governance

25 August 2017 by Henry Ker

An international perspective on corporate governance - Read more

There is much to be learned about our sector by looking abroad, says Henry Ker.

John Heaton, the new president of the UKRIAT Division of ICSA, says in his column that ‘in an increasingly fractured world, one thing on which almost all investors, governments and international communities agree is that good governance needs to be promoted’.

To that end, this month we look at governance from an international perspective. We have articles from governance experts in Zambia, Cyprus and the British Virgin Islands, while Panamanian Carlos Barsallo follows up his article from the March issue of Governance and Compliance on his country’s response to the Panama Papers.

ICSA past-president Frank Curtiss also offers an indepth analysis of the evolution of Japanese governance.

UK corporate governance is rightly lauded as a world leader, but we cannot be complacent and assume there is little to be learned from other jurisdictions. Many countries have to address complex challenges unique to their business environment, or have had to face acute economic difficulties or legacy issues not experienced here.

For example, Cyprus was more severely impacted by the financial crisis – as it tries to restore stability through reinforced governance standards, its story is both a valuable lesson and a salutary warning.

Elsewhere, our lead interview is with Matthew Taylor, who led the government review of modern working practices. He spoke to me about the importance of quality work, while refuting some of the negative perception of particular kinds of employment.

‘Sometimes people think a particular form of employment leads to a particular set of outcomes and I do not think that that is the case,’ he said.

‘There are good zero-hours contracts and there are exploitative zero-hours contracts. Gig employment works for a lot of people, but not so well for others. What matters for people is whether or not the organisation they work for … treats them fairly and decently.’

Henry Ker is editor of Governance and Compliance

LATEST ARTICLES

Have UK corporate governance standards improved in 2017? - Read more

Have UK corporate governance standards improved in 2017?

11 December 2017

Our community reflects on the previous year in governance, and considers what the future holds. Read more...

Janet Cooper: Agile working is essential - Read more

Janet Cooper: Agile working is essential

08 December 2017 by Henry Ker

The founder of the law firm Tapestry talks about angling for the best talent, ditching ‘cookie cutter’ recruitment, and the merit of employee share schemes. Read more...

Sarah McLaughlin: Company Secretary of the Year 2017 - Read more

Sarah McLaughlin: Company Secretary of the Year 2017

08 December 2017 by Henry Ker

The group company secretary at Allied Irish Banks discusses the challenges of ‘scope-creep’, the importance of inspirational managers, and teamwork. Read more...

Making corporate governance fit for the future - Read more

Making corporate governance fit for the future

08 December 2017

The FRC on how the code review will ensure relevance for modern business. Read more...

25 years of Cadbury - Read more

25 years of Cadbury

08 December 2017

Celebrating the silver anniversary of the original report. Read more...

Reviewing the governance black box - Read more

Reviewing the governance black box

08 December 2017

The many recent governance failures show the code is not enough in isolation. Read more...

Cadbury Report was more than a product of its time - Read more

Cadbury Report was more than a product of its time

08 December 2017

Governance reporting has come a long way since the foundations were laid by the Cadbury Report. Read more...

How to guide employees to a healthier headspace - Read more

How to guide employees to a healthier headspace

08 December 2017

The case for boards to take an interest in mental health is both commercial and moral. Read more...

Business' duty to break the chains of modern slavery - Read more

Business' duty to break the chains of modern slavery

08 December 2017

Modern slavery in supply chains is a serious risk and boards and governance professionals must take action. Read more...

Tony Danker: The management fix for Britain's productivity woes - Read more

Tony Danker: The management fix for Britain's productivity woes

08 December 2017 by Jimmy Nicholls

With productivity growth stagnant, some businesses believe that small steps in management can add up to great strides forward. Read more...

Have your say

comments powered by Disqus

Advertisements


ICSA: The Governance Institute
Saffron House, 6-10 Kirby Street, London EC1N 8TS, United Kingdom