Corporate governance: Cadbury, Greenbury and Hampel — A review

Abstract

Concern over the standards of corporate governance in the UK has led to the publication of three committee reports: Cadbury, Greenbury and, most recently, Hampel. Following the publication of the Hampel Report, the Hampel Committee has produced a document providing a set of principles and codes to embrace the Cadbury, Greenbury and Hampel recommendations — the Combined Code (June 1998). The purpose of this paper is to review the recommendations of the Cadbury, Greenbury and Hampel reports and to consider whether the recommendations of the Combined Code represent a significant shift in emphasis from the accountability aspects of corporate governance to consideration of the need for governance systems to provide structures and incentives to allow business enterprise to flourish.

Citation

Short, H. (1999), "Corporate governance: Cadbury, Greenbury and Hampel — A review", Journal of Financial Regulation and Compliance, Vol. 7 No. 1, pp. 57-67. https://doi.org/10.1108/eb024997