a)The UK Corporate Governance Code 2018 (hereinafter referred to as ‘the Code’) operates on a ‘comply or explain’ basis. Discuss the advantages and disadvantages of the “comply or explain” approach.

b) Give FIVE examples of how Associated British Foods PLC has complied with the Code to maintain the independence of the Board of directors as a whole.

c) How might the ‘independence’ of non-executive (outside) directors be defined in the Code?

d)Evaluate how Associated British Foods PLC has complied with the Code in terms of independence of each individual non-executive director.

1.4. What contributions can an independent non-executive director of Associated British Foods PLC make to a robust corporate governance structure in a firm? with reference to comply of uk corporate governance code

Answer rating: 100% (QA)

a One advantage of the comply or explain approach is that it creates flexibility for companies to tailor their governance practices to the particular features of the company This means that companies ... View the full answer