Advisory & governance
We understand that business leaders are under pressure to make difficult but informed decisions quickly and are often challenged after.
Our corporate legal specialists are experienced in convening and structuring board and general meetings, including drafting minutes, advising on director duties and conduct and providing strategic support.
“Very professional, knowledgeable and accessible lawyers.”
Chambers and Partners
FAQs – Advisory & governance
Corporate Advisory Services is an umbrella term that encompasses specialised advice given to corporate organisations by professional advisors such as lawyers and accountants. The advice can be anything from: entity establishment to directors duties and conduct, or convening and structuring board and general meetings, drafting minutes, or providing strategic support, and preparing for sale or acquisition.
Corporate Governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The shareholders’ role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place.
The best practice of corporate governance has been codified in the UK Corporate Governance Code 2018. The Code operates on a ‘comply or explain’ basis.
The Corporate Governance can be separated into five sections:
- Board Leadership and Company Purpose
- Division of Responsibilities
- Composition, Succession and Evaluation
- Audit, Risk and Internal Control
- Remuneration
Corporate governance is based on five guiding principles:
- Accountability
- Awareness
- Impartiality
- Responsibility
- Transparency
Although the Code is only mandatory for listed companies, all companies should have appropriate systems, policies and practices in place. Therefore, even though it is not obligatory, many businesses opt to abide with the UK Corporate Governance Code.
