Cadbury Committee


 

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Cadbury Committee

The Cadbury Code is the unofficial name for the first Code of Best Practice on corporate governance, published in 1992. The other codes were produced by the Greenbury and Hampel Committees, and together they form what is known as the Combined Code on Good Governance.The codes lay down rules which the London Stock Exchange requires companies to follow, relating to the conduct of directors, directors' remuneration, relations with shareholders, and accountability and audit. Essentially, they are designed to make sure that companies are run in an honest and competent way, and to ensure that shareholders are given reliable and adequate information.



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