Governance High-Water Mark?

by Robert N. Charette

In late November, the Chancellor of the Exchequer Gordon Brown stunned the UK business community by unexpectedly announcing that the long-awaited public company reporting requirement called the Operating Financial Review (OFR) was being abolished. The OFR, scheduled to go into affect in April 2006 after already being postponed a year, was meant to provide shareholders clear, comprehensive, and complete information on the operations and thinking inside UK public companies.

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Governance High-Water Mark?Thu Dec 15 15:37:50 CST 2005