The Institute of Directors’ (IoD) Corporate Governance Project released a new survey last month that ranks the FTSE 100 according to a bespoke corporate governance methodology. The Good Governance Report is intended “to reignite the governance debate by leading it away from the compliance approach to corporate governance that has become widespread in recent years” and combines accepted governance indicators with a perception survey by stakeholders. Sponsored by the Chartered Quality Institute and Cass Business School, this stakeholder survey provides 1,977 individual rankings provided by 744 respondents and uses the U.K. Corporate Governance Code and section 172 of the Companies Act 2006 to define what governance is.
