New formulation of the UK corporate governance code: preserving value in the long term is imperative

>Faced with the supremacy of the short term, the new UK code dwells on the sustainable success of the company and its contribution to the common good. The board of directors is the guarantor of this mission. To assume this responsibility, board members must pay heed to all parties in addition to its shareholders – without limiting themselves solely to employees. They must also ensure the integrity of the corporate culture, the real cornerstone for the sustainability ...