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hi everybody welcome to another video on ethics and corporate governance in this video well be looking at the development of corporate governance codes particularly in the uk because the uk corporate governance codes have influenced the development of many codes in many countries including in malaysia so in this video what well be looking at is to have an understanding as to some of the key influences that have shaped the development of corporate governance code in the uk well have a look at some of the best practices that have come out from these corporate governance codes and examine its requirements to have a better understanding of its implications to the development of corporate governance codes in many other countries including in malaysia so lets first look at the development of corporate governance codes in the uk and what were the factors that influence them now essentially the development of corporate governance codes in the uk came about because of the many financial sca