The renewed code for good corporate governance speaks of 'best practices'. That is misleading, according to Marilieke Engbers and Pim Bouwman, because science sets much higher requirements for a best practice. A better formulation would be: 'This is how far the business community wants to go'.
Read the full article: https://fd.nl/opinie/1462779/nieuwe-corporate-governance-code-is-te-veel-een-compromis