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There is a growing band of corporate governance specialists offering their services as consultants and advisers to companies, trusts and public bodies. Such specialists have for several years issued state-of-health reports to companies on their governance performance. In July of this year, ratings giant Standard & Poor’s announced that it would issue separate assessments of companies’ corporate governance performance: Shell and ITV were the first companies to have these reports issued on their compliance and whistle-blowing procedures.

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