Critically Appraising the Corporate Governance Arrange

Critically Appraising the Corporate
Governance Arrangements of
Tesco Plc

Introduction to Tesco Plc
 Tesco is a British multinational that sells groceries and general merchandise
 Founded 100 years ago in 1919
 Welwyn Garden City, Hertfordshire in England is the headquarter location
 Approximately 6,800 stores across the United Kingdom, Ireland, Hungary, Poland and few other
abroad locations
 Distribution of service in different formats, such as supermarket, hypermarket, convenience shop
and superstore
(Tescoplc.com 2019)

Introduction to the corporate
governance arrangements of Tesco
PlcBelow are the principles of corporate governance of Tesco (Tescoplc.com 2019):
 Shareholders are allowed to give their opinions to reducing the business hassle for the
company
 The management is responsible for delivering benefits to its stakeholders as well as
maintaining the ethical acts of the business
 Consistent delivery of high quality financial reporting, so that, investors have appropriate
knowledge of entire business related thing and that more resources are allocated as per the
business requirement

Introduction Continues...
 Tesco Plc currently has five
different committees to
support its vision
 These are Corporate
Responsibility,
Remuneration, Audit,
Disclosures and
Nominations (Tescoplc.com
2019)