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Topic: Cadbury Report

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In the News (Fri 24 May 19)

  Cadbury, (George) Adrian Hayhurst - Hutchinson encyclopedia article about Cadbury, (George) Adrian Hayhurst
Cadbury became a director of Cadbury Brothers in 1958 and chairman in 1965, directing the company's merger with the beverage company Schweppes in 1969.
He was appointed joint managing director of Cadbury Schweppes in 1969, chairman in 1975, and retired in 1991.
Cadbury was educated at Eton College and graduated from King's College, Cambridge, in economics.
encyclopedia.farlex.com /Cadbury,%20%28George%29%20Adrian%20Hayhurst   (302 words)

 Comments of Institute of Chartered Accountants in England & Wales on S7-40-02   (Site not responding. Last check: 2007-10-21)
The risk in requiring reporting that internal control is effective is that it is human nature not to want to issue an adverse report; which in turn encourages directors to tick the boxes and put a gloss in public on situations that actually warrant significant improvement.
The Turnbull Report, that is appended to the Listing Rules of the UK Listing Authority, is the guidance on internal control that boards of all companies listed on the London Stock Exchange are currently required to follow and to report on in their annual reports to shareholders.
Reports that may be issued will, almost invariably, be a lengthy narrative report in order to communicate effectively the various judgements made by the external auditors, the reasoning underpinning those judgements, and the context in which the opinion is given.
www.sec.gov /rules/proposed/s74002/rhodgkinson1.htm   (6175 words)

 Report | TutorGig.co.uk Encyclopedia   (Site not responding. Last check: 2007-10-21)
The Plowden Report is the unofficial name for the 1967 report of the Central Advisory Council For Education England into Primary education in England.
The Inman Report, formally known as the Report of the Secretary of State s Advisory Panel on Overseas Security, was a report released in 1985 in response to the Marine barracks bombing and the April
The Anderson Report was the result of an official enquiry into the Church of Scientology conducted for the State...
www.tutorgig.co.uk /encyclopedia/sencyclo.jsp?keywords=Report   (444 words)

 Cadbury Report   (Site not responding. Last check: 2007-10-21)
The Cadbury Report Financial Aspects of Corporate Governance is a pivotal document in a ongoing from the late 1980s through to present day concerned with Corporate Governance.
The Cadbury Report sets out recommendations that been adopted to greater or lessor extent the European Union USA the World Bank and others for the arrangement of boards and accounting systems that mitigate governance and failures.
In their 15-year career, Weather Report managed to release over a dozen albums, and not one of them is bad.
www.freeglossary.com /Cadbury_Report   (387 words)

 French-UK bid for Nabisco? - Jun. 5, 2000
Cadbury (CBRY), the world's third-largest drinks company, would contribute £4 billion, and take the sauces, breakfast-cereals and snack divisions.
In May, Cadbury expressed an interest in parts of Nabisco's business and joined several other interested parties that have already signed confidentiality agreements with Nabisco (NGH: Research, Estimates) to allow them to hold talks with the U.S. company.
A joint approach by Cadbury and Danone would put them in competition with other giants such as RJ Reynolds Tobacco Holdings (RJR: Research, Estimates), current favorite Philip Morris (MO: Research, Estimates), and U.S. financier Carl Icahn.
money.cnn.com /2000/06/05/europe/cadbury   (322 words)

 Cadbury - Wikipedia, the free encyclopedia
Dominic Cadbury (1940-) - British businessman, member of the Cadbury chocolate dynasty, Chancellor of the University of Birmingham
Sir Adrian Cadbury (1929- British businessman, member of the Cadbury chocolate dynasty, noted commentator on corporate governance.
Cadbury Castle (South Cadbury) - hillfort in Somerset, England, associated with King Arthur, grid reference ST62862512
en.wikipedia.org /wiki/Cadbury   (263 words)

 Maxwell's Ghost - Forbes.com   (Site not responding. Last check: 2007-10-21)
The Cadbury report was one of the first attempts to develop a code of conduct for listed companies that went beyond existing laws to define something more subtle: guidelines for good behavior and disclosure that might set a company straight before questionable practices turned into legal cases.
London still tinkers with the details, but the Cadbury report is the basis of the "Combined Code," a standard that every company listed in the U.K. must follow or else explain itself to shareholders and the stock exchange.
Cadbury sought to end the rubber-stamp board by making sure that the role of nonexecutive director was no longer a sinecure for the chairman's friends.
www.forbes.com /global/2002/0902/044.html   (959 words)

 Corporate Governance
The Cadbury Report looked at those aspects of corporate governance specifically related to financial reporting and accountability - specifically the control and reporting functions of PLC boards and the role of auditors.
The Cadbury Report defined corporate governance as 'the system by which organisations are directed and controlled'.
After the publication of the Cadbury Report the public sector recognised its value - particularly as this was the time of the Nolan Committee and concerns of sleaze in public life - and started to look at corporate governance but tended to focus more on the accountability and control aspects of governance.
www.chestercc.gov.uk /main.asp?page=234   (306 words)

 cadbury corporate governance report
I look forward to seeing you on January 12.” Adrian Cadbury Sir Adrian Cadbury was Chairman of the UK Committee on the Financial Aspects of Corporate Governance which published its Report and Code of Best Practice in December 1992.
In that report the Commission concludes that "there is no need for an EU corporate governance code".
In response to this, the Cadbury Committee was established to address some of these issues, in particular the perceived low levels of financial reporting and the ability of auditors to provide...
www.findafinancedeal.com /search.php?q=cadbury+corporate+governance+report   (516 words)

 The Governance of Consumer Co-operatives: Rules and Realities
In the company sector, the Cadbury Report on the Financial Aspects of Corporate Governance placed great emphasis on the role of non-executive directors in the governance of large companies which, in the UK, have traditionally been dominated by executives.
Both the Cadbury Report and the Co-operative Union Corporate Governance Working Group Report highlighted the role of the company or society chairman and secretary, the importance of board level participation in key decisions and the use of Audit Committees and Remuneration Committees as key elements of recommended practice2.
Cadbury emphasises the vital role of non-executive directors in contributing independent judgement on issues such as "strategy, performance, resources, including key appointments and standards of conduct"; their independence from management and the process of their appointment.
www.co-opstudies.org /Journal/Sept_97/The_Governance_of_Consumer_Co-operatives_Rules_and_Realities.htm   (7929 words)

 A report on Cadbury's Dairy Milk, the views of consumers on the 4P's.
Below is a short sample of the essay "A report on Cadbury's Dairy Milk, the views of consumers on the 4P's.".
Cadburys is meeting its consumer's demands, and keeps increasing its consumers, as it stays up-to-date in research.
These results exemplify that Cadburys has done a tremendous job in advertising, as it is so popular that it doesn't have to advertise so much.
www.coursework.info /i/74528.html   (422 words)

 Chairman - Wikipedia, the free encyclopedia
A rotating chair is a person who has the job only for that meeting and will cede it to another for the next meeting.
A pivotal document setting out recommendations is the Cadbury Report, the recommendations of which have been adopted to greater or lesser extent by the European Union, USA, the World Bank and others.
It is common for board members to hold memberships of several boards and committees at one time.
en.wikipedia.org /wiki/chairperson   (270 words)

 [1995] 1 Web JCLI
The interest in corporate governance which the Cadbury report helped to fuel in the United Kingdom has resulted in a number of regulators issuing advice to the bodies which they seek to regulate.
In its annual report 1993-4 the Chairman of the Commission describes the "core purpose" of the Commission as the promotion of "sound stewardship of members' funds by the societies".
The appointment of the expected "son of Cadbury" committee is expected to further enliven the debate as will the expected proposals for the reform of company law about which the Department of Trade and Industry and the Law Commission are issuing consultation papers.
webjcli.ncl.ac.uk /articles1/dine1.html   (1402 words)

 MSN Money - CSG Key Developments: Investing
The Wall Street Journal reported that Cadbury Schweppes plc and Nestle SA are continuing to discuss the terms of a potential joint bid for Hershey Foods Corporation.
Reuters reported that PepsiCo Inc. has requested information on the sale of Cadbury Schweppes plc's European beverages business, which is expected to sell for more than 1 billion pounds ($1.80 billion), as reported by the Financial Times.
Cadbury Schweppes Americas Beverages, a subsidiary division of Cadbury Schweppes plc, announced that the UNCOLA (diet lemon-lime carbonated soft drink) will be reformulated with SPLENDA Brand Sweetener.
news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=CSG   (581 words)

 Personal Website of R.Kannan
The report produced by it in 1992 stipulated a control framework which has been endorsed and refined in the four subsequent UK reports: Cadbury, Rutteman, Hampel and Turnbull.
The stated objective of the Cadbury Committee was "to help raise the standards of corporate governance and the level of confidence in financial reporting and auditing by setting out clearly what it sees as the respective responsibilities of those involved and what it believes is expected of them".
As a result of the interest generated in the Corporate sector by the Cadbury Committee's report, the issue of Corporate Governance was studied in depth and dealt with by the Confederation of Indian Industries (CII), the Associated Chamber of Commerce and the Securities and Exchange Board of India (SEBI).
www.geocities.com /kstability/inbank/corpgovern   (1826 words)

 Cadbury eyes Coke cash - Jul. 28, 1999
LONDON (CNNfn) - British confectioner Cadbury Schweppes is nearing a deal to sell most of its carbonated soft drink businesses outside the United States and Continental Europe to American soft drink maker Coca-Cola Co. for around $700 million, according to a report published Wednesday.
     The news came as Cadbury reported a 5.6 percent drop in pretax profit in the first half, to 252 million pounds ($400.7 million).
Cadbury blamed the decline on weaker results in "challenging" markets such as mainland Europe.
money.cnn.com /1999/07/28/europe/cadbury   (606 words)

 Chartered Management Institute - Chartered Management Institute - Corporate governance   (Site not responding. Last check: 2007-10-21)
The Smith Report provides guidance for boards on their audit committees and directors serving on them for compliance with the Code and was applicable from 1st July 2003.
This new Code retains both the spirit and flexibility of governance promoted by Cadbury, stating that 'those concerned with the evaluation of governance should do so with common sense in order to promote partnership and trust, based on mutual understanding.' The overall aim is to enhance board effectiveness and raise standards in corporate governance.
It published its final report in 2001; the government published a White Paper in 2002; and plans for reform were announced in July 2003.
www.managers.org.uk /institute/content_1.asp?category=3&id=1834&id=431&id=44   (1591 words)

 US must learn from Cadbury - Accountancy Age   (Site not responding. Last check: 2007-10-21)
Looking back at the mighty achievements of the Cadbury Committee it is now clear that the most essential and influential reform it instituted was the separation of the roles of chairman and chief executive.
This was a world dominated by the likes of Robert Maxwell, and the Cadbury Report went a long way to ensuring people of his ilk would have less influence.
Cadbury set the parameters and was followed by Rutteman, Greenbury, Hampel, and Turnbull.
www.computing.co.uk /features/bf/1130501   (1147 words)

 Corporate Governance.Cadbury Committee and After   (Site not responding. Last check: 2007-10-21)
The most controversial and revolutionary requirement and the one that had the potential of significantly impacting the internal auditing, was the requirement that ' the Directors should report on the effectiveness of a company's system of internal control.' It was the extension of control beyond the financial matters that caused the controversy.
It restricted the reporting requirement to internal financial controls only as against the ‘the effectiveness of the company’s system of internal control’ as stipulated by the Code of Practices contained in the Cadbury Report.
The Combined Code was subsequently derived from Ron Hampel Committee’s Final Report and from the Cadbury Report and the Greenbury Report.
www.indiainfoline.com /nevi/cogo.html   (762 words)

 Corporate Growth Report Weekly: Cadbury Schweppes agrees to buy rest of Dr. Pepper/7-Up
The merger which is expected to reach completion by the end of March will move Cadbury, the supplier of Schweppes and Canada Dry beverages, Crush, Sunkist fruit sodas, Mott's juices and A&W root beer, into third position in the $49-billion U.S. soft drink market giving it a 16 percent market share.
Cadbury announced it would finance the transaction not only by borrowing but also by issuing new Cadbury Schweppes shares in Britain worth an estimated $794 million.
There are speculations that after the deal, Cadbury will vigorously increase its Mott's juice-drink business and that it will make a debut into the sports-drink sector to compete with Gatorade and also pursue the ready-to-drink iced tea market.
www.findarticles.com /p/articles/mi_qa3653/is_199502/ai_n8730203   (303 words)

 Updated: Corporate governance guidance   (Site not responding. Last check: 2007-10-21)
The 120-page Higgs report, Review of the role and effectiveness of non-executive directors, was compiled by independent business adviser Derek Higgs at the request of chancellor Gordon Brown and secretary of state for trade and industry Patricia Hewitt.
The Financial Reporting Council has drawn up revised guidelines that were published in July as part of its Combined Code on Corporate Governance.
The report emphasises the importance of good internal and external reporting: "This requires the maintenance of proper records and processes that generate a flow of timely, relevant and reliable information from within and outside the organisation," it states.
www.vnunet.com /print/it/1142129   (646 words)

 Brian R. Cheffins, Current Trends in Corporate Governance: Going from London to Milan via Toronto, 10 Duke J. of Comp. ...   (Site not responding. Last check: 2007-10-21)
The bulk of the Cadbury Report (and most of the guidelines in the accompanying Code of Best Practice) focused, however, on the role which the board of directors should play in supervising executive decision making.
Moreover, the two Committees, in their respective reports, both indicated that it is inappropriate for full-time board executives to participate in decisions about their own remuneration packages, and recommended that a remuneration committee composed of outside directors should be responsible for formulating a company's policy on executive pay.
Moreover, the Cadbury Committee urged institutional investors to exchange views regularly with senior executives of companies, to "make positive use of their voting rights" at shareholder meetings, and to "take a positive interest in the composition of boards of directors" by ensuring that non-executives of the necessary caliber, experience, and independence are appointed.
www.law.duke.edu /journals/djcil/articles/djcil10p5.htm   (14079 words)

 :: ethicscentre.ca :: Canadian Centre for Ethics and Corporate Policy   (Site not responding. Last check: 2007-10-21)
Today, Cadbury Schweppes is a widely held company which does business in more than 140 countries around the world.
Cadbury Schweppes' employees, including in management ranks, were predominately fl, These employees participated in a variety of benefit plans; e.g.
The Cadbury Schweppes' South African employees maintained their employment as the business activity was maintained.
www.ethicscentre.ca /html/rscArticlesGrahamDay.html   (2516 words)

 Guru Stock Report for CSG: Cadbury Schweppes Plc (ADR) - Research and Markets - Market Research Reports
The analysis in the report is based on our selection and interpretation of content from published writings by or about the gurus.
Our Guru Stock Report gives investors the ability to use the comprehensive stock selection strategies of the world’s most astute investment minds when conducting their own equity research.
The Guru Stock Report can be utilized by both value and growth investors because there are multiple methodologies within the report that appeal to each investor type.
www.researchandmarkets.com /reportinfo.asp?report_id=66663   (576 words)

 Corporate Governance Reports and Discussion Papers
Cadbury Report: Financial Aspects of Corporate Governance This committee was established by the London Stock Exchange, the Financial Reporting Council and the accountancy profession to examine the financial aspects of corporate governance.
The Report, when published, included a Code of Best Practice which was based on the principles of openness, integrity, and accountability and which was divided into the headings of The Board, Auditing and Shareholders.
Report of the Commission on Public Trust and Private Enterprise The Commission's final report contains recommendations on executive compensation, corporate governance, designing and enforcing ethical codes of conduct, shareholder relations, and how to improve accounting and audit practices.
www.kesteven.com.au /governance/reports.htm   (1058 words)

 Hammicks Legal - Title Detail Page   (Site not responding. Last check: 2007-10-21)
Adrian Cadbury has played a central role in developing policies, good practice, and our understanding of the complex issues involved.
In 1992 he chaired the committee, sponsored by the Bank of England, whose Report on the Financial Aspects of Corporate Governance (commonly known as the 'Cadbury Report') put issues of corporate governance on the map.
In the book, he discusses and explains the central issuse of corporate governance; provides practical advice to chairmen and directors on their roles and responsibilities; and surveys the major codes of practice that have been developed in the last decade.
www.hammickslegal.co.uk /hammicks/display.asp?ISB=0199252009&CID=LEGALDAY   (181 words)

 Principles of Best Practice and Codes - Papers and Links - Privatization, Infrastructure & Business Environment - The ...
Since the release of the Cadbury Report, the importance of corporate governance standards and codes has become increasingly widespread.
Here you will find reports on their annual conference and a large selection of country-specific research and codes.
DGA also publishes an annual report, Leading Corporate Governance Indicators, which serves as a benchmark for the market to compare countries on accountability and transparency measures.
rru.worldbank.org /PapersLinks/Codes-Best-Practice   (1630 words)

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