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QCA Response to BIS - A Long-Term Focus for Corporate Britain

A working group made up of representatives from the QCA Markets and Regulations and Corporate Governance Committees examined this consultation from the Department of Business, Innovation and Skills (BIS), which looked at how to encourage long-termism in the UK. We responded that boards of small and mid-cap quoted companies have a long-term focus as a result of the nature and size of these businesses, but can face pressures to take a short-term view as a result of investors, regulatory requirements and the UK tax system.

Click here to read the cover letter (pdf)

Click here to read responses to the consultation questions (pdf)