What is the primary focus of the QCA regarding corporate governance?

The primary focus of the QCA (Quoted Companies Alliance) regarding corporate governance is specifically on AIM quoted companies and the adoption of a governance code tailored to their needs. The QCA has developed its own corporate governance code, which emphasizes the practical application of governance principles specifically designed for smaller, entrepreneurial companies listed on AIM.

This approach acknowledges the unique challenges and opportunities faced by these companies and encourages them to implement governance practices that are proportionate to their size and complexity. By addressing the governance needs of AIM quoted companies, the QCA aims to enhance investor confidence and improve overall corporate performance within this sector.

In contrast, while the other options may relate to corporate governance more broadly, they do not specifically capture the essence of the QCA's focus. For example, applying governance standards to all companies regardless of size overlooks the QCA's targeted approach for smaller firms. Standard listed companies may adhere to different sets of regulations that do not directly involve the QCA's governance initiatives. Additionally, mentioning all firms under FCA regulations suggests a wider regulatory umbrella that goes beyond the QCA's specialized interest in AIM quoted companies.