Hampel Report
A British *corporate governance report of 1998. The full title of the report was Final Report: the Committee of Corporate Governance, and it was named for Sir Ronald Hampel, the chairperson of the committee that prepared it. The Hampel Report is popularly known as the Combined Code, as it combined and revised guidance given in two earlier British corporate governance initiatives: the *Cadbury Report of 1992 and the *Greenbury Report of 1995. The Hampel Report stressed that corporate prosperity may be hindered by excessive bureaucratic corporate governance procedures, and it did not impress all commentators. *Andrew Chambers, for example, commented that "getting to the heart of the... Hampel report is like groping one’s way into a hay stack only to find it largely hollow at its core" (Chambers, 1998, 1). The Combined Code was revised in 2003 to incorporate aspects of the *Higgs Report and the * Smith Report. Further reading: Hampel Report (1998)

Auditor's dictionary. 2014.

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