1. Introduction Explain the scope of the question

2. Explain the UK Corporate Governance Code.

3. Explain the Comply or Explain Approach.

4. Analyse the contents of the latest Review on Corporate Governance Reporting.

5. Analyse whether shareholder and stakeholder protection is achieved by Corporate Governance Reporting.

6. Analyse the practices in other jurisdictions pertaining to Corporate Governance.

7. Draw a comparison between the UK Corporate Governance Code and the Malaysian Code on Corporate Governance

need 3000 words

COURSEWORK QUESTION: Corporate Governance Codes aim to promote high levels of corporate governance by putting forth principles and provisions with which companies are expected to comply. Such Codes play vital roles in underpinning the integrity and efficiency of financial markets. Indeed, well-governed companies will usually outperform other companies and will be able to attract investors whose support can help to finance further growth. In its latest "Review of Corporate Governance Reporting," in November 2020, the Financial Reporting Council (FRC) says some companies continue to treat the UK Corporate Governance Code as a "box-ticking exercise," adding it was surprised that in many cases corporate governance reporting was not coherent and cohesive." Too often, says the FRC, "the objective of reporting appears to be to claim strict compliance with the Code through box-ticking compliance rather than through effective governance and reporting." The regulator also complains companies are keen to talk up their commitment to "hot topics" like diversity and culture but fail to explain what they are actually doing to promote, assess, and measure their progress in practice. corporate Often many jurisdictions opt for a "comply-or-explain" approach governance obligations as opposed to mandatory legally binding rules. Discuss