The purpose of "comply or explain" is to "let the market decide" whether a set of standards is appropriate for individual companies.

It’s a legal principle attached to many new corporate regulations. It relates hugely to both governance and ESG. “Comply or explain” gives businesses a certain amount of flexibility in …

2014年1月6日 · Using comply or explain effectively means that businesses can provide market-based solutions that are worked out between companies and their shareholders without the …

In summary, “comply or explain”, when properly implemented, provides a sound basis for a conversation between a company and its stakeholders about its corporate governance practices.

These codes are based on a “comply or explain” approach – which, plainly put, means that companies either comply with the principles and guidelines set out or explain why they have …

The comply-or-explain approach is a voluntary approach which Solomon in talking about the UK principles-based approach links improved practices. She argues that there is a persisting …

In this article we focus on the extent to which the ‘comply or explain’ approach has been adopted in other coun-tries and attempt to explain why this has occurred. We propose three …