Financial Reporting Council launches project on corporate culture

The Financial Reporting Council has launched an initiative to gather practical insight into corporate culture and the role of boards, to understand how boards can shape, embed and assess culture and to identify and promote best practice. It aims to publish a report of its observations and activity, identify best practice and develop practical, market-led resources to help boards.

This will eventually lead to the replacement of the FRC’s guidance on board effectiveness.

The FRC invites a wide range of professionals, such as internal auditors, investors, human resource professionals, risk professionals, change managers, company secretaries, board advisers, academics and thought leaders to participate. The deadline for expressing an interest in participating is 30 October 2015.

For further details on the project, click here.