Accountability and transparency are critical to the reputation of an organisation, and the housing sector as a whole.
Measures of accountability
- Code compliance – both the UK Corporate Governance Code and the Federation’s code of governance have introduced a general principle – comply with the code or explain where and why you do not comply.
- Code of conduct – under the Federation’s code it is expected that housing associations establish a board code of conduct. The code aims to set out how housing associations can achieve the highest standards of conduct and safeguard the sector’s long-standing positive reputation for integrity.
- External parties – as part of good governance it is essential that the board are aware of the view of external parties on the organisation they are responsible for leading and governing.
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