Adoption of the Wates Principles among UK Family Businesses

Kemp, Martin, Cuomo, Francesca ORCID: https://orcid.org/0000-0003-3535-1073, Gaia, Silvia, Baboukardos, Diogenis, Michelon, Giovanna and Soobaroyen, Teerooven (2024) Adoption of the Wates Principles among UK Family Businesses. Family Business Research Foundation, London. ISBN 978-1-7392001-2-1

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Abstract

This report sheds new light on the corporate governance practices of UK family businesses, focusing on their adoption of the Wates Principles. The research reveals that while family-owned firms are more likely to adopt the Wates Principles than their non-family counterparts, gaps remain in areas like board composition and director accountability. The report underscores the need for improved disclosures and governance practices in family businesses to strengthen stakeholder trust and long-term sustainability. It also calls for further guidance to support family firms in aligning with governance best practices, an issue increasingly important in the UK’s evolving regulatory landscape.

Item Type:	Book
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
UEA Research Groups:	Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
Related URLs:	https://static1.squarespace.com/static/6... https://www.fbrf.org.uk/reports/adoption...
Depositing User:	LivePure Connector
Date Deposited:	02 Oct 2024 10:30
Last Modified:	06 Oct 2024 06:30
URI:	https://ueaeprints.uea.ac.uk/id/eprint/96861
DOI:

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