UK Corporate Governance Review

For a thorough look at the status of corporate governance in the UK, turn to Grant Thornton's recent review, the Fourth FTSE 350 Corporate Governance Review. The review looks at companies' compliance with the revised Combined Code on Corporate Governance.

The UK's principles-based approach to governance differs from the rules-based approach in the US. In the UK, the general approach is a "comply or explain" approach.

http://www.grant-thornton.co.uk/pages/publications_and_events-publications-
corporate_governance_review_2005/$FILE/corporate+governance+review+2005.pdf