What minimum global turnover must a company have to disclose corporate governance arrangements?

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The requirement for a company to disclose its corporate governance arrangements is typically tied to its global turnover, which acts as a threshold to determine regulatory compliance and the need for transparency. In this context, the minimum global turnover that mandates the disclosure of corporate governance arrangements is set at £200 million. This threshold ensures that larger companies, which have a more significant impact on stakeholders and the economy, maintain a higher level of accountability and transparency. Companies under this threshold may not be subject to the same stringent corporate governance requirements, reflecting a regulatory approach that balances oversight with the size and market influence of the enterprise.

Those with a turnover above this threshold are expected to provide detailed disclosures regarding governance practices, including their management structures and any relevant policies that guide their operations. This not only contributes to better governance but also helps investors, regulators, and the public to understand the company's commitment to ethical and effective management practices.

The other turnover thresholds mentioned do not align with the established requirements for corporate governance disclosures as outlined in relevant regulatory frameworks, making £200 million the correct and applicable figure in this scenario.

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