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New voluntary Code of Conduct for UK directors aims to drive better decision-making

Three businessmen in a meeting.
Photo: C Devan/Getty Images

The IoD has said that the Code will help UK directors with the question of what a responsible director would do in a particular situation.

The UK’s Institute of Directors (IoD) has published a consultation document on a Code of Conduct for Directors, saying it would serve as “a practical tool to help directors make better decisions.”

The Code also provides organization leaders with a behavioral framework that can help them build and maintain