Launch of ACCA Corporate Governance and Risk Management Agenda and discussion paper ‘Corporate Governance and the Credit Crunch’

The Association of Certified Chartered Accountants (ACCA) will launch their ‘Corporate Governance and Risk Management Agenda’ at the House of Lords on 17 November 2008. Attendance at the event is by invitation only.

ACCA’s ‘Corporate Governance and Risk Management Agenda’ sets out ten principles for corporate governance and risk management which ACCA believes are fundamental to all systems of corporate governance that aspire to being the benchmark of good practice. They are intended to be relevant to all sectors, globally, including healthcare.

ACCA will also launch their discussion paper ‘Corporate Governance and the Credit Crunch’ at the 17 November House of Lords event.

Healthcare Governance Review readers can download a copy of the discussion paper ‘Corporate Governance and the Credit Crunch’ here. The paper contains, on pages 14 and 15, details of the principles of corporate governance and risk management contained in the forthcoming ACCA ‘Corporate Governance and Risk Management Agenda’.

The key principles are as follows (and further detail is provided in the above paper):

1. Boards, shareholders and stakeholders share a common understanding of the purpose and scope of corporate governance
2. Boards lead by example
3. Boards appropriately empower executive management and committees
4. Boards ensure their strategy actively considers both risk and reward over time
5. Boards are balanced
6. Executive remuneration promotes organisational performance and is transparent
7. The organisation’s risk management and control is objectively challenged, independently of line management
8. Boards account to shareholders and, where appropriate, other stakeholders for their stewardship
9. Shareholders and other significant stakeholders hold boards to account
10. Corporate governance evolves and improves over time

Following launch, the ‘Governance and Risk Management Agenda’ document will be available for download at http://www.accaglobal.com/governance

4 Responses to Launch of ACCA Corporate Governance and Risk Management Agenda and discussion paper ‘Corporate Governance and the Credit Crunch’

  1. […] There is too little evidence to support many of the generally accepted tenets of corporate governance – ACCA publishes its Corporate Governance and Risk Management Agenda The Association of Certified Chartered Accountants (ACCA) has published its policy paper – Corporate Governance and Risk Management Agenda. The publication launch was announced by Healthcare Governance Review on 28 October 2008 (click here). […]

  2. […] “There is too little evidence to support many of the generally accepted tenets of corporate governance” – ACCA publishes its Corporate Governance and Risk Management Agenda online The Association of Certified Chartered Accountants (ACCA) has published its policy paper – Corporate Governance and Risk Management Agenda. The publication launch was announced by Healthcare Governance Review on 28 October 2008 (click here). […]

  3. […] “There is too little evidence to support many of the generally accepted tenets of corporate governance” – ACCA publishes its ‘Corporate Governance and Risk Management Agenda’ online The Association of Certified Chartered Accountants (ACCA) has published its policy paper – Corporate Governance and Risk Management Agenda. The publication launch was announced by Healthcare Governance Review on 28 October 2008 (click here). […]

  4. […] “There is too little evidence to support many of the generally accepted tenets of corporate governance” – ACCA publishes its ‘Corporate Governance and Risk Management Agenda’ The Association of Certified Chartered Accountants (ACCA) has published its policy paper – Corporate Governance and Risk Management Agenda. The publication launch was announced by Healthcare Governance Review on 28 October 2008 (click here). […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: