More than half of the FTSE All-Share companies are failing to comply with the Combined Code on corporate governance.

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More than half of the FTSE All-Share companies are failing to comply with the Combined Code on corporate governance. According to research by activist shareholder group Pirc, only 47 per cent of the firms surveyed said they were fully compliant with the code. A third had boards where at least haft of the directors were independent.

"Compliance with the new code will...

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