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Mervyn King, chair emeritus of the International Integrated Reporting Council, argues in a recent Financial Times piece that companies will have to transform their corporate governance from a mere box-ticking exercise to an outcomes-based approach if they are to succeed in the post-pandemic world.

King outlines four critical outcomes which external stakeholders will push to see companies achieve: ethical cultures with effective leadership; trust and confidence in the company from the community(-ies) in which it operates; adequate and effective risk controls; and inability to create value in a sustainable manner. 

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