Cadbury Report

A British *corporate governance report of 1992. The influence of the Cadbury Report has been international in its impact. Prepared by a committee chaired by *Sir Adrian Cadbury, the formal title of the report was the Report of the Committee on the Financial Aspects of Corporate Governance. Adrian Cadbury is a member of the Cadbury chocolate manufacturing dynasty, and he held the post of chairperson of Cadbury Schweppes Pic, a British listed corporation with Quaker (Society of Friends) origins, from 1975 to 1989. He was also a director of the Bank of England from 1970 to 1994. The Committee on the Financial Aspects of Corporate Governance was established in 1991 by the London Stock Exchange and the British accounting profession following a series of corporate accounting scandals in the United Kingdom. The Cadbury Report focused on the importance of a culture of openness, integrity, and *accountability as prerequisites for effective corporate governance, and it resulted in a Code of Best Practice that is commonly referred to as the Cadbury Code. The Cadbury Committee requested that its work be reviewed and updated after several years: This led to the *Hampel Report of 1998. Further reading: Cadbury Report (1992); Cadbury (2002); Chapman (2003)

Auditor's dictionary. 2014.

Look at other dictionaries:

  • Cadbury report — The report issued by the Committee on the Financial Aspects of Corporate Governance chaired by Sir Adrian Cadbury. The committee was set up in May 1991 in response to concerns about the perceived level of low confidence both in financial… …   Law dictionary

  • Cadbury Report — The Cadbury Report, titled Financial Aspects of Corporate Governance , is a report of a committee chaired by Adrian Cadbury that sets out recommendations on the arrangement of company boards and accounting systems to mitigate corporate governance …   Wikipedia

  • Cadbury Report — The report of the committee set up in May 1991 by the Financial Reporting Council, the London Stock Exchange, and the accountancy profession, under the chairmanship of Sir Adrian Cadbury, to consider the financial aspects of corporate governance …   Accounting dictionary

  • Cadbury Report — Fin the report of the Cadbury Committee (conducted in December 1992) on the Financial Aspects of Corporate Governance. It was established to consider the following issues in relation to financial reporting and accountability, and to make… …   The ultimate business dictionary

  • Cadbury — bezeichnet ein Dorf in Somerset (England), siehe South Cadbury einen neben ersterem gelegenen Hügel bzw. Ort, siehe Cadbury Castle einen Softdrink und Süßwarenhersteller, siehe Cadbury plc Cadbury ist der Name folgender Personen: Deborah Cadbury …   Deutsch Wikipedia

  • report — Written or oral confirmation that all or part of one s order has been executed, including the price and size parameters of the trade being reported; often followed by a fresh picture. Bloomberg Financial Dictionary A premium on carrying over a… …   Financial and business terms

  • Cadbury — This article is about the confectionery company. For other uses, see Cadbury (disambiguation). Cadbury Type Subsidiary of Kraft Foods Industry Confectionery Fo …   Wikipedia

  • Cadbury Code — A UK code of best practice concerning appropriate senior management remuneration, produced by the 1992 Cadbury Committee on the financial aspects of corporate governance The Code includes the provisions that non executive directors should be… …   Big dictionary of business and management

  • Adrian Cadbury — Sir George Adrian Hayhurst Cadbury (born 1929) is a member of the well known Cadbury family. The family is known for their Quaker philosophy and the chocolate conglomerate which they founded (now part of Cadbury Schweppes).Sir Adrian Cadbury was… …   Wikipedia

  • Turnbull Report — Internal Control: Guidance for Directors on the Combined Code (1999) also known as the Turnbull Report is a report drawn up with the London Stock Exchange for listed companies. The committee which wrote the report was chaired by Nigel Turnbull of …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.