The Development of Corporate Governance Index Using Internal Control Mechanisms: A Study on FTSE 100 Companies, U.K (Financial Times and the London Stock Exchange ) (Report‪)‬

Abstract There has been resistance in developing a Corporate Governance Index to measure the level of governance practices in a company due to its complex nature. Attempts have been made to develop corporate governance indices in most countries by consultants and academics. However, this study attempts to develop its own index to ensure that there is a better coverage in areas relating to ownership structure, board structure, board committee and remuneration structure. This paper will be discussing the different stages that are involved in the process of developing the Corporate Governance Index which involves obtaining feedback from experts in the area of governance, development of the questions and variable measures.