1994

1. Correspondence inviting and/or thanking Sir Adrian for speaking at conferences or exchanging publicationson corporate governance, 1994.

Correspondence from King Committee on Corporate Governance (South Africa), National Convention for Corporate Directors in Zimbabwe, Toronto Stock Exchange, Arthur Andersen (National Association of Corporate Directors Conference) and DTI.

2. Publications on corporate governance and compliance with the Code of Best Practice.

Includes work done for the sub committee on implementation of the Code of Best Practice.

3. Letter, 13 January 1994 from Virginia Bottomley and draft codes of conduct and accountability.

This letter sets out main features of the codes and expect to be implemented on 1 April 1994.

4. Briefing for Sir Adrian Cadbury - informal press briefings, Thursday 17 February 1994.

The document covers the number of copies distributed, other UK organisations and jurisdictions interested in the report, progress on monitoring the Code's implementation, going concern and internal controls.

5. Committee on the Financial Aspects of Corporate Governance, press briefing, Thursday 17 February 1994.

Contains list of attendees, Committee membership, (missing a letter regarding the role of the Committee) press cuttings, extracts from ICAS Working Party recommendations on internal control and examples of corporate governance statements.

6. Financial reporting and corporate governance 'overload', notes of a meeting held on 13 December 1993, at the Financial Reporting Council.

The meeting arose from a CBI letter raising three points among which was the suggestion that accountants had gone further than the Cadbury Committee intended. Points covered included: internal control, going concern, and the proposed publication of a joint programme of ASB, APB, and English and Scottish accountancy institutes.

7. Letter, dated 23 February 1994, from Dermot de Trafford, Institute of Directors.

Comments on the recent Auditing Practices Board exposure drafts and too warmly welcoming them.

8. Minutes of the Committee meeting held on Wednesday 23 February 1994 and covering memo.

The minutes deal with APB exposure drafts, guidance on going concerns and internal controls, compliance and controlling shareholders. The accompanying note list items also enclosed (but missing from the collection).

9. Sir Adrian Cadbury, Committee meeting 19 May 1994.

The file includes the text of Sir Owen Green's Pall Mall Lecture, statistics from the ABI on compliance, agenda and papers on independent boards, monitoring compliance and various papers on internal control.

10. Fax, dated 3 April 1994, from G.G. Beale & Co.

Seems from the fax there has been earlier correspondence. Beale speaks of plans to implement the Cadbury proposals.

11. Letter, dated 21 April 1994, from Sir Ron Dearing, chairman of Camelot.

Seeks clarification about the number of independent non-executive directors.

12. Letter to Sir Adrian Cadbury from Gina Cole about companies' compliance with the Code, 22 April 1994.

Refers to compliance with the code by NatWest, Camelot, Rentokil. Relevant pages were not attached.

13. Letter, 28 April 1994, from Virginia Bottomley, Department of Health.

Letter advises booklet which accompanies the letter, has been sent to NHS Chairmen.

14. Letter, dated 20 May 1994, from Paul Hague, Business & Market Research, and report of survey of non-executive directors.

Summarises the findings of a survey of opinion about the role of non-executive directors in improving corporate governance.

15. Minutes of the [Committee] meeting on 10 May 1995.

Accompanying note says no further Committee meetings will be held. Minutes indicate new Committee with 12 members and a Chairman. The Committee also considered proposed changes to Stock Exchange Listing Rules and compliance with the Code.

16. Two letters from Gina Cole and correspondence from other parties forwarded by her, July, August 1994.

Informs Sir Adrian of requests to speak, attend dinners or meetings in connection with the Code and seeking his comments on disclosure of directors stock options.

17. Various reprints and correspondence with Arthur Andersen and regarding comments on a University of Birmingham survey, September - November 1994.

Some controversy over the Arthur Anderson summary.

18. Letter, 2 September 1994, from Paul Myners, Co-peration for the Long Term and survey questionnaire.

Letter accompanies a four-part questionnaire that looks at the relationship between British industry and institutional shareholders.

19. Sir Adrian Cadbury, Committee Meeting 14 September 1994, Winning for Britain - Labour's strategy for industrial success CFACG(94)3.

Contains a summary of key points of the Labour Party to tackle short-termism and lack of competitiveness. Also includes the extract: Designing new corporate structures.

20. Letter from Nigel Peace, DTI, 12 September 1994 about aspects of company law.

Nigel gives the context to answer the query about two-tier boards which would be theoretically possible with directors having specified responsibilities.

21. Minutes of the [Committee] meeting held on Wednesday 14 September 1994.

Minuted items: internal control (ref Paul Rutteman), going concern, Labour Party document (See CAD-02281) and monitoring compliance with the Code.

22. Letter to Sydney Treadgold from Gina Cole about successor body, 18 October 1994, including paper on research and issues for a successor body.

Includes full details of membership and sponsorship to date, in addition to listing issues for the successor body and the work of the sub-committee monitoring compliance.

23. Letter, dated 19 October 1994, from Mr Gillum about audit committees.

Recounts a case history of auditing and proposes a solution.

24. Correspondence with John Holland, November 1994, about financial institutions and their role in corporate governance.

Includes full text of paper, Self regulation and the financial aspects of corporate governance.

25. Correspondence between Sir Sydney Lipworth and Sir Adrian Cadbury, November 1994 concerning successor body and including paper on successor body.

Sir Adrian states wishes to retire as Chairman and discusses membership, sponsorship and possible issues for the successor body. Includes FRC(94)49.