16 February 2017
The Financial Reporting Council (FRC) has today announced that it will conduct a fundamental review of the UK Corporate Governance Code. The review is expected to take account of the FRC's own work on corporate culture and succession planning, the government's recent green paper on corporate governance reform and the work of a parliamentary select committee on the same subject.
10 February 2017
Parliament has passed a vote of no confidence in the governance of the Football Association (FA). The decision follows two reports by the Culture, Media and Sports committee, which identified weaknesses in the FA’s governance. While the FA has subsequently made some changes to its governance, the general view is that it has not done enough. Failure to change its governance risks the loss of public funding, and the introduction of legislation to force the FA to change.
8 February 2017
On behalf of the sector’s funding bodies, as part of the work it is undertaking to support the introduction of the new operating model for quality assurance, the Leadership Foundation is hosting several Roundtable events on academic governance. The notes of the first Roundtable event, which explored the topic of academic governance have been published.
8 February 2017
The text of a recent lecture by Stephen Haddrill, Chief Executive Officer of the Financial Reporting Council (FRC), has been just be released. Drawing on recent research the lecture looks at three inter-connected subjects: corporate governance, culture and risk. He notes while governance codes may make bad behaviour less likely, they cannot in themselves prevent inappropriate actions, strategies or decisions.
25 January 2017
A new Roundtable Note (03) on the appointment of chairs of governing bodies and heads of institutions has been issued. The Note summaries the first of two Roundtable events being held to explore the issues that should be considered in the appointment of either position.
23 January 2017
The Higher Education Policy Institute (HEPI) has published the text of their 2016 Annual Lecture, delivered by Dr Martha Kanter, Under Secretary of State, during the first term of Obama's administration. In her address, Kanter argues that higher education (HE) should be seen as an investment, by both society and the individual, rather than an expense. Wealth creation as a result of HE should not just be seen in narrow economic terms, but recognise the wider social and civic benefits.
23 January 2017
The Department for Education (DfE) has published three new factsheets explaining how different aspects of the HERB will work. The three factsheets - (1) Introduction to the Higher Education Market Entry Reform; (2) Factsheet on Validation; and (3) Factsheet on Degree Awarding Powers and University Title - offer useful summaries of some of key areas of change contained in the HERB. Each provides helpful insights into the government’s thinking.
16 January 2017
New governance resources are now available on academic governance, trustee responsibility and efficiency.
6 January 2017
Briefing notes offer concise, easy to read, summaries of specific topics for governors. If governors and governing bodies are to be effective there needs to be a clear understanding of the factors, likely to affect whether an institution is well governed. The latest addition to the briefing note series, looks at what is good governance and the system of governance typically operating in higher education institutions.
5 January 2017
The higher education policy institute (HEPI) has published a new report on alternative providers (APs). The report considers the extent to which APs will become regulated by the Higher Education and Research Bill (HERB). The report also considers the lessons to be learn from the behaviour of private providers in the United States and Australia . The authors concluded that despite the passage of the HERB, a considerable number of APs are likely to remain outside of the proposed new system of regulation.