Pressure Points - consultation

The Pressure Points consultation paper was published in December 2005 at a transatlantic roundtable in Washington DC. Download the paper (PDF 142kb/15 pages).

Pressure Points highlights 21 questions representing some of the most challenging aspects of cross-border corporate governance and is relevant to boards, investors, the accountancy profession and policy makers.

It summarises the pressures and opportunities arising from the increassingly international capital flows and integration of capital markets. It focuses on how policy makers encourage business and investor confidence through regulatory and other means; how companies are directed and controlled; and how disclosure and reporting requirements are framed and enforced.

In identifying differences between US and UK corporate governance systems, the intention is not to decide which system, if either, is better. The differences are rooted in history, culture and legal foundations which help shape the behaviour and expectations of market participants. Instead, Pressure Points aims to generate discussion and broaden debate on the differences between US and UK corporate governance systems to promote understanding of pressures and opportunities that arise in increasingly international capital markets.

The ICAEW welcomes dialogue between US and UK counterparts around corporate governance.

To discuss the Pressure Points, email: corporategovernance@icaew.com or telephone +44 (0) 207 920 8714.