Corporate governance—glossary of terms
Corporate governance—glossary of terms

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • Corporate governance—glossary of terms
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • more


ABI See Association of British Insurers.
Association of British Insurers A trade association of the UK insurance industry, with a focus on corporate governance issues and the development of institutional voting guidelines for its members (following the merger of ABI Investment Affairs with the Investment Association (IA) in June 2014, IA has assumed responsibility for previously issued ABI guidance).


Business model In the context of the UKCG Code, an explanation by the directors (in the annual report) of the basis on which the company generates or preserves value over the longer term and the strategy for delivering the objectives of the company.
Business Review A narrative report previously required under CA 2006, s 417 for all companies (other than those benefitting from the small companies’ reporting exemptions) for financial years beginning on or after 1 October 2007 and ending before 30 September 2013, when it was replaced by the Strategic Report.