Sunday, July 13, 2008

Cadbury report

Cadbury Report

The Cadbury Report, titled Financial Aspects of Corporate Governance, is a report of a committee chaired by Sir Adrian Cadbury that sets out recommendations on the arrangement of company boards and accounting systems to mitigate corporate governance risks and failures. The report was published in 1992. The report's recommendations have been adopted in varying degree by the European Union, the United States, the World Bank, and others.
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 a pioneer in raising the awareness and stimulating the debate on corporate governance. He is most noted for the Cadbury Code, a code of best practice which served as a basis for reform of corporate governance around the world.
Having been born in 1929, he was educated at Eton College and King's College, Cambridge. At Cambridge, he rowed in the Cambridge University boat in the 1952 boat race, as well as the Great Britain coxless four in the 1952 Helsinki Olympics. He joined the Cadbury business in 1952 and became Chairman of Cadbury Ltd in 1965. He retired as Chairman of Cadbury Schweppes in 1989.
Having been born in 1929, he was educated at Eton College and King's College, Cambridge. At Cambridge, he rowed in the Cambridge University boat in the 1952 boat race, as well as the Great Britain coxless four in the 1952 Helsinki Olympics. He joined the Cadbury business in 1952 and became Chairman of Cadbury Ltd in 1965. He retired as Chairman of Cadbury Schweppes in 1989.
He is a Steward of Henley Royal Regatta. He was also Chancellor of Aston University until 2004.

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