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© 2015

Corporate Governance in the United Kingdom: Past, Present and Future

Book

Table of contents

  1. Front Matter
    Pages i-vi
  2. William Forbes, Lynn Hodgkinson
    Pages 1-2
  3. William Forbes, Lynn Hodgkinson
    Pages 3-12
  4. William Forbes, Lynn Hodgkinson
    Pages 13-20
  5. William Forbes, Lynn Hodgkinson
    Pages 21-25
  6. William Forbes, Lynn Hodgkinson
    Pages 26-33
  7. William Forbes, Lynn Hodgkinson
    Pages 34-40
  8. William Forbes, Lynn Hodgkinson
    Pages 41-49
  9. William Forbes, Lynn Hodgkinson
    Pages 50-60
  10. William Forbes, Lynn Hodgkinson
    Pages 61-70
  11. Back Matter
    Pages 71-74

About this book

Introduction

Recent experience from the global financial crisis suggests that the future of corporate governance will bring radical changes, surprises and challenges. Having said that, it should not be underestimated how much UK corporate governance has changed since the Cadbury Commission in 1992. In this book, William Forbes and Lynn Hodgkinson identify a need to provide a comprehensive analysis of past research concerning UK corporate governance in the light of the recent crisis. Where prior reviews of corporate governance research have to a large extent focused on literature from the USA, this book provides an overview of the development of corporate governance with a focus on literature concerning the UK. It addresses seven major themes: modes of governance; the historical context and codification of corporate governance; nature of ownership; boards; executive remuneration; institutional investors; and the market for corporate control. This review incorporates policy recommendations and changes in practice, and explores implications for companies, financial institutions, corporate governance practice and other stakeholders in the light of the recent crisis. The authors conclude by suggesting future directions for academic research in corporate governance in the light of recent events, where more deep rooted reform may be possible.

Keywords

corporate governance development Governance

Authors and affiliations

  1. 1.Loughborough UniversityUK
  2. 2.Bangor Business SchoolUK

About the authors

William Forbes has previously worked at the Universities of Exeter, Bangor, Manchester and Glasgow. His recent research has focused on market-based accounting and valuation and addresses statistical/econometric issues in valuing firms and policy issues raised by the new economy. He has recent publications in Financial Management, European Financial Management and the Journal of Empirical Finance.

Lynn Hodgkinson is currently Treasurer/Secretary for the Conference of Professors of Accounting and Finance (CPAF), and Director of the Centre for Impression Management in Accounting Communication (CIMAC) at Bangor Business School. She has recent publications in the Journal of Banking and Finance, European Financial Management and the British Accounting Review. Her research interests include mergers, dividend policy and the impact of taxation on corporate finance decisions. She has received grants from The Economic and Social Research Council (ESRC), The Institute of Chartered Accountants in England and Wales (ICAEW) and Chartered Institute of Management Accountants (CIMA).

Bibliographic information