Governing the corporates

SRI

Neville White of Ecclesistical Investment Management examines how the world's first governance code has affected corporates.

In the wake of several high-profile business failures in recent years, the question of how investors can protect themselves against the risks of mismanagement and collapse of the companies in which they invest has been an increasingly hot topic. In the run-up to the 20th anniversary of the world’s first corporate governance code – the Cadbury Report, which was published in the UK – it is timely to examine its impact and the importance of corporate governance today. The publication of the Cadbury Report in 1992 was a response to major corporate scandals associated with governance failu...