Governance Report: British American Tobacco in a Global World

This report provides a comprehensive analysis of corporate governance in a globalized world, focusing on British American Tobacco (BAT) as a case study. It begins with an introduction highlighting the significance of good governance in modern business and its impact on profitability and stakeholder preferences. The report provides an overview of BAT, including its establishment, global operations, and financial performance, emphasizing its position in the Financial Times Stock Exchange 100 Index. The core of the analysis demonstrates BAT's good corporate governance practices, such as fairness, accountability, responsibility, and transparency, and its commitment to the Companies Act 2006 and shareholder agreements. The report also examines the organizational structure of BAT, including its board composition and the role of various committees in sustainable reporting and risk management. It discusses how the board's actions, including the formation of sustainability and harm reduction reports, contribute to accountability and transparency. The report concludes by summarizing the impact of good governance on BAT's success and the influence of governmental policies and regulations.