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The combined code on corporate governance June 2006

By: Language: English Publication details: London FRC 2006ISBN:
  • 1841408166
Subject(s): LOC classification:
  • 346.42066 $2 18
Online resources:
Partial contents:
Preamble -- Companies -- Directors -- Remuneration -- Accountability and audit -- Relations with shareholders -- Institutional shareholders -- Provisions on the design of performance related remuneration -- Guidance on liability of non-executive directors -- Disclosure of corporate governance arrangements
Summary: Sets out standards of good practice in board composition and development, remuneration, accountability and audit, and relations with shareholders. All companies incorporated in the UK and listed on the main market of the London Stock Exchange are required under the Listing Rules to report on how they have applied the principles of the combined code. Overseas companies listed on the main market are required to disclose the ways in which their practices differ from those set out in the code.Summary: Supersedes and replaces the combined code issued in 2003.

Preamble -- Companies -- Directors -- Remuneration -- Accountability and audit -- Relations with shareholders -- Institutional shareholders -- Provisions on the design of performance related remuneration -- Guidance on liability of non-executive directors -- Disclosure of corporate governance arrangements

Sets out standards of good practice in board composition and development, remuneration, accountability and audit, and relations with shareholders. All companies incorporated in the UK and listed on the main market of the London Stock Exchange are required under the Listing Rules to report on how they have applied the principles of the combined code. Overseas companies listed on the main market are required to disclose the ways in which their practices differ from those set out in the code.

Supersedes and replaces the combined code issued in 2003.