Governance

Tomorrow's good governance

CIMA is a member of the Tomorrow's Corporate Governance Forum, formed by Tomorrow’s Company in March 2010 in response to questions about the effectiveness of corporate governance. It brings together key companies, organisations and individuals to explore what good governance means and make recommendations to boards and policy makers.

The case for the board mandate
 Improving the quality of boardroom conversations
Simple, practical proposals for better reporting of corporate governance		 The boardroom and risk

The boardroom and risk
May 2011
Championing the concept of a mandate which sets out the essence of the character and distinctiveness of the company.

See the report and toolkit		 March 2012
The forum’s second output focuses on the importance of boardroom conversation to achieve an effective board.

See the report and toolkit		 June 2013
Focus on a key group of potentially catastrophic risks and what boards can do to evolve their risk management agenda.

See the report and toolkit

More governance reports

Integrating governance for sustainable successIntegrating governance for sustainable success
November 2012 
Read an IFAC report analysing how professional accountants in business can support their organisations and increase performance.

 

 

 

Simple, practical proposals for better reporting of corporate governanceSimple, practical proposals for better reporting of corporate governance
October 2011

This paper offers suggestions on how companies can adopt a new reporting structure that integrates key governance information with the rest of their business reporting.

 

 

 

Collaboration and control: managing tensions in competitive interorganisational relationshipsCollaboration and control: managing tensions in competitive interorganisational relationships
March 2011

This report warns against the temptation for management accountants to revert to traditional ways of exerting control, such as contracts, and instead urges them to consider the importance of using social networks to foster a sense of camaraderie between competitor alliances.  

 

 

CIMA responds to the Walker reviewCIMA responds to the Walker Review on corporate governance in the UK banking industry
This paper is CIMA's preliminary response, submitted in June 2009, to Sir David Walker’s proposed review on corporate governance in the UK banking industry's review.

 

 

 

 

Financial management in the governance of with-profits UK life insurersFinancial management in the governance of with-profits UK life insurers
This document looks at the use of PPFMs both internally and externally as well as the contribution of the PPFM framework to the overall corporate governance arrangements of with-profits funds of businesses.

 

 

 

 

Complexity, relevance and clarity of corporate reporting: views of CIMA FTSE350 directors
The Financial Reporting Council (FRC) has launched a project to review the complexity and relevance of current corporate reporting requirements, and this paper is CIMA’s contribution to the debate.

 

 

 

 

The mismatch of internal and external social performance reportsThe mismatch of internal and external social performance reports
This research project explores internal information in relation to social performance for four organisations that publish relatively detailed social performance information either in their annual reports or in a separate report.

 

 

 

  

Enterprise governance - getting the balance rightEnterprise governance - getting the balance right
This report explores the emerging concept of enterprise governance.

 

 

 

 

  

Fraud risk managementFraud risk management: a guide to good practice
This report reflects the latest findings on fraud against businesses.

 

 

 

 

 

The burden of complying with employment and environmental regulationThe burden of complying with employment and environmental regulation
While there has been extensive research into the regulatory burden imposed by taxation in the UK, the area of employment and environmental regulation is relatively under-studied. This research aims to fill this gap.

 

 

  

 

Performance accountability to stakeholders: workplace injuries in the UK and CanadaPerformance accountability to stakeholders: workplace injuries in the UK and Canada
This study examined stakeholder accountability for public services by examining the workplace injuries systems in the UK and Canada.

 

 

 

 

Managing strategy in a downturnManaging strategy in a downturn
At times of economic upheaval and low availability of finance, corporate strategy can take a back seat to survival. CIMA’s answer is to address strategy in simple, relevant ways that keep management focused on the future success of their company.