The UK Corporate Governance Code was issued in 2010 In relation to these principles:
A)All companies governed by the UK Companies Act 2006 must abide by these principles and recommendations.
B)The International Accounting Standards Board (IASB) has incorporated the principles and recommendations into the Conceptual Framework.
C)All LSE-listed companies are compelled by law to comply in entirety with these principles and recommendations.
D)All LSE-listed companies must follow these principles and recommendations, and where they have not, they must identify the fact that they have not and give reasons for not following them.

Question

Quizplus · Accepted Answer

The correct answer is D. The UK Corporate Governance Code applies to all companies listed on the London Stock Exchange, but compliance is not compulsory. However, LSE-listed companies must follow these principles and recommendations and must disclose any non-compliance and provide reasons for not following them. The other options (A, B, and C) are incorrect because they suggest that compliance is compulsory for all companies or that the principles are part of international accounting standards, which is not true.

The UK Corporate Governance Code Was Issued in 2010 in Relation