QCA Corporate Governance Code
The QCA Corporate Governance Code is a corporate governance code published by the Quoted Companies Alliance (QCA).
It is the corporate governance code adopted by the majority of companies on the AIM market in the UK. London Stock Exchange rules allow companies on AIM to choose which code they adopt and referenced two options as "recognised corporate governance codes".[1] These are:
- The QCA Corporate Governance Code
- The UK Corporate Governance Code
A review of all 927 companies on AIM at the end of 2018 showed that 89% had chosen to apply the QCA Corporate Governance Code, with 6% applying the UK Corporate Governance Code, and 5% applying a range of other codes.[2][3][4]
References
[edit]- ^ "Inside AIM" (PDF). www.londonstockexchange.com. 26 July 2018. Retrieved 25 April 2019.
- ^ "Which corporate governance codes do AIM companies apply?". www.theqca.com.
- ^ "QCA Code emerges as AIM companies' first choice under new reporting requirements". www.lexisnexis.com.
- ^ "Executive remuneration in AIM listed companies" (PDF). www.kpmg.com.
External links
[edit]- QCA: The QCA Corporate Governance Code
- London Stock Exchange: Inside AIM: Preparation for Corporate Governance Changes
- OECD: Flexibility and Proportionality in Corporate Governance
- QCA/UHY Hacker Young: Corporate Governance Behaviour Review 2018/19
- ICSA: The new governance code requirement for AIM companies
- EY: Update on the new QCA Corporate Governance Code
- Lewis Silkin: The new 2018 QCA Corporate Governance Code for small & mid-size quoted companies
- Thomson Reuters: QCA Corporate Governance Code
- London Stock Exchange: Corporate Governance for Main Market and AIM companies (2012)
- Burgess Salmon: Small-cap corporate governance: new QCA Code
- Deloitte: Governance Brief