Home Business NewsBusiness Britain’s best and worst companies for corporate governance

Britain’s best and worst companies for corporate governance

by LLB Reporter
7th Sep 16 10:06 am

British American Tobacco named best company

Tesco has been named Britain’s lowest FTSE 100 performer, according to a study by the Institute of Directors (IoD), thanks to its accounting scandal in 2014.

WPP and Berkeley Group were among the lowest-ranked companies on the list.

The Institute of Directors (IoD), which published the report, warned companies to improve how they are run after a year in which excessive pay for bosses and a string of scandals has once again battered the reputation of corporate Britain.

Among the best companies for corporate governance were British American Tobacco and Unilever.

Oliver Parry, head of corporate governance policy at the IoD, said: “Companies need to own this now. You have got to get to grips with your corporate governance because if you don’t then policymakers will regulate you more.

“We are saying to companies: ‘You have still got an opportunity to sort it out for yourselves.’”

Best companies for corporate governance

1 British American Tobacco

2 Unilever

3 Diageo

4 Sage Group

5 Next

Worst companies for corporate governance

96 WPP

97 Associated British Foods

98 Rolls-Royce Holdings

99 Berkeley Group

100 Tesco

Leave a Commment


Sign up to our daily news alerts

[ms-form id=1]