How corporate governance is analyzed by Cadbury Committee, U.K.?

CS Professional · Ethics, Governance and Sustainability · PYQS · June 2019
How corporate governance is analyzed by Cadbury Committee, U.K.?

Answer & Explanation:

Cadbury Committee defined Corporate Governance as the system by which companies are directed and controlled. Corporate Governance is a system of structuring, operating and controlling a company with the following specific aims: Fulfilling long-term strategic goals of owners; Taking care of the interests of employees; A consideration for the environment and local community; Maintaining excellent relations with customers and suppliers; Proper compliance with all the applicable legal and regulatory requirements.

Topics: Corporate Governance Frameworks

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