Skip to main navigation

Corporate governance: encouraging dialogue and participation - Ernst & Young - United Kingdom

  • Share

Corporate governance: encouraging dialogue and participation

How we govern our corporations plays a central role in the strength and health of our global economy.

Today, there is a growing dialogue among the different stakeholders about corporate governance and how it should evolve to cope with the increasingly dynamic and global nature of our capital markets. This dialogue is taking place against a background of legislative and regulatory change; the implementation of International Financial Reporting Standards around much of the world; an increase in the scope of audit and other internal control and risk management activities; and increased public scrutiny.

It is only with dialogue and the active participation of all stakeholders that the appropriate balance can be reached between:

  • strengthened central controls and fast local responsiveness;
  • effective risk management and the enduring need for innovation;
  • the additional costs of the new corporate governance and the value it seeks to protect and enhance.
The aim of this section is to help inform and stimulate that dialogue.
Audit exemptions

A new UK statutory instrument exempts qualifying subsidiaries from a statutory audit if their parent companies meet certain legal requirements. Find out about the implications for your business.

Corporate governance: encouraging dialogue and participation

Office windows overlooking landscape

Corporate governance update

Our Regulatory & Public Policy bulletin highlights a number of important corporate governance developments (546K, October 2012) and looks at their implications.

Independent director (ID) programme

Communication devices illustration

IDs must navigate a maze of regulatory and technical challenges. Our independent director programme is designed to help IDs keep up-to-date with these issues. Find out more about the programme and read the latest thought leadership.

Back to top