Cadbury Code

Cadbury Code
A UK code of best practice concerning appropriate senior management remuneration, produced by the 1992 Cadbury Committee on the financial aspects of corporate governance The Code includes the provisions that non-executive directors should be appointed for specified terms and reappointment should not be automatic, that such directors should be selected through a formal process, and that both their selection and their appointment should be a matter for the board as a whole. See also Greenbury Report; Hampel Committee

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  • Cadbury code — …   Useful english dictionary

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