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Posted By Jonathan Sandler
Dear Reader,
Just a quick question,
Does Corporate Governance have any effect on the management of health and safety?
If so, please can you explain.
Thanks for your comments.
Regards.
Jonathan
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Rank: Guest
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Posted By Philip McAleenan
Jonathon,
"...boards are expected to take due regard of, and deal fairly with, ...stakeholder interests, including those of employees, creditors, customers, suppliers and local communities".
(OECD Principles of Corporate Governance, annotation to Principle V, Responsibilities of the Board).
Corporate Governance only has an effect on safety if the Company is willing to apply the principles developed and enunciated by the OECD. They are published as:
"OECD Principles Of Corporate Governance", 1999. Go to www.oecd.org for further details.
You may also like to read the Green Paper,
"Promoting a European Framework for Corporate Social responsibility", obtainable from The Directorate-General for Employment and Social Affairs, ISBN 92-894-1478-2, from the Office of Official Publications of the European Communities, Luxembourg.
Hope this helps, Philip
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Rank: Guest
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Posted By Simon Ayee
Jonathan
See also INDG 343 "Directors' responsibilities for H&S" and the Institute for Chartered Accountants "Internal Control for Directors on the Combined Code"
Simon
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Posted By Nick Higginson
Jonathon,
IOSH have also published a free document on Corporate Social Responsibility and Business RIsk Management, which you can download from the website. I think I picked up a copy at the H&S expo.
Regards,
Nick
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