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Good corporate governance is essential for every successful, sustainable business, but achieving it requires different things at different businesses
Effective corporate governance requires balanced boards made up of people with the right skills operating in a transparent and accountable framework. Good practice should be shared across businesses but laying down inflexible rules can result in a tick-box approach, forcing businesses to adopt frameworks that don't work for them and does nothing to improve outcomes. The CBI works with its members to promote good practice and support the development of governance codes.