This report by EY explores some of the new corporate governance requirements for AIM-listed companies.
Key points include:
- The new focus asks companies to go beyond describing their products and corporate structures to explaining how they intend to deliver shareholder value in the medium to long-term.
- The AIM Rule 26 change requires AIM companies to provide details of a recognised corporate governance code. These companies will need to explain how they comply with, and where they depart from, their chosen code.
- The change will require more preparation, not only in terms of reporting, but in some cases to organisational and governance processes.