The UK Corporate Governance Code has evolved alongside the business landscape. Since its inception in 1992, the Code has been a guiding light for corporate governance in the UK. It has adapted over time, responding to emerging risks, corporate failures, and shifting expectations from investors, regulators, and the public. The 2024 update is no different. While some see this revision as just another compliance hurdle, it actually represents a paradigm shift in how companies should approach governance.
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