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The Combined Code of Corporate Governance

In: The UK Banking System and Its Regulatory and Supervisory Framework

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  • Carlo Gola
  • Alessandro Roselli

Abstract

This chapter offers a short overview of the Combined Code of Corporate Governance. It is not intended to be an exhaustive survey of the corporate governance of the United Kingdom, but rather it outlines the main features by describing this prominent example of self regulation. This approach — used often in common-law countries — adapts itself especially well to a sector such as the financial one, which is constantly evolving. It provides for a form of flexible regulation, based more on principles than on rules and therefore can be updated more easily than statute legislation.

Suggested Citation

  • Carlo Gola & Alessandro Roselli, 2009. "The Combined Code of Corporate Governance," Palgrave Macmillan Studies in Banking and Financial Institutions, in: The UK Banking System and Its Regulatory and Supervisory Framework, chapter 9, pages 165-169, Palgrave Macmillan.
    • Handle: RePEc:pal:pmschp:978-0-230-23577-9_9
    DOI: 10.1057/9780230235779_9
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