QCA launches shareholder communication guide

Compiled following consultation with the Association of British Insurers (ABI), the guide is aimed at making the comply-or-explain principle set out in the Combined Code on Corporate Governance work better. The guide reminds small and mid-cap companies' directors of the importance of acting responsibly and keeping in regular contact with their key shareholders, helping them to fulfill their role as responsible owners. It also provides guidance on how companies can engage effectively with their shareholders. Peter Montagnon, director of Investment Affairs, ABI said: "Our door is open. ...