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The Cadbury Committee was established in the UK in 1991 to address concerns regarding corporate governance and financial reporting practices following several high-profile corporate scandals. Its main objective was to enhance standards of corporate governance, particularly focusing on the roles of boards, auditors, and the importance of accountability and transparency in financial reporting. The committee's recommendations laid the groundwork for the UK Corporate Governance Code and emphasized the need for a clear separation of roles between the chairman and the CEO.

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AnswerBot

1w ago

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