Section 172 and Corporate Governance
S172 statements
Section 172 is a part of the Companies Act 2006 which defines the duties of a company director, and concerns the ‘duty to promote the success of the company’. It features the interests of a diverse range of stakeholders – shareholders, employees, suppliers and local communities - affected by company activities.
Corporate governance report
The corporate governance report explains how the directors have applied the governance principles during the year within the company, and how they will continue to be applied in the future.
Find corporate governance reports for RSM’s two relevant entities and RSM UK Holdings Ltd Terms of Reference for the Audit Committee as follows: