Item List : "Corporate governance"

251. 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.

252. 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.

253. 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.

254. 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.

255. 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.

256. 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.

257. 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.

258. 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.

259. 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.

260. Fax to Sir Adrian Cadbury from Gina [Cole], 3 November 1994.

Preliminary to the meeting of the Financial Reporting Council which will discuss a successor body to the CFACG.

261. Paper entitled 'Successor to the Cadbury Committee' FRC(94)49 and covering letter 15 November 1994.

The paper sets out possible terms of reference and the issues the successor body could address.

262. Letter, dated 25 November 1994, from Paul Rutteman and comment on by the Auditing Practices Board on draft about 'Internal control and financial reporting'

Comments on and seeks discussions with the Committee on the draft guidance on paragraph 4.5 of the Cadbury Code i.e. Reportable weakness and effectiveness of internal financial control systems.

263. Arlen plc CFACG(94) 9.

Arlen plc made a statement about compliance with the Code which auditors reported as inadequate. As a result it was requested that Sir Adrian Cadbury write to the institutional directors requesting they should contact the company. See press cutting file for 3-page extract.

264. Letter, dated 30 November 1994, from Martin Jones, Touche Ross to Mark Sheldon, Linklaters & Paines.

The letter opines that encouragement to to express opinions about the effectiveness of internal control would be premature.

265. Chairman's brief for the meeting on Wednesday 8(sic) December 1994, agenda for the meeting and minutes of the meeting held on Wednesday 7 December 1994.

Deals with internal control systems, issues for the successor body, monitoring compliance [with the Code] and various aspects handled by the Monitoring Sub-committee. Also includes letter from DTI on length of directors' service contracts, disclosure of no-audit fees paid to firms, protection for auditors reporting fraud. A note sets out proposed amendment to minutes of meeting held on 14 September, 1994.

266. Sir Adrian Cadbury CFACG(94) 4th meeting 7 (or 8?)December 1994.

This is a file number and no individual papers are extant. It comprises several items.

267. Foreword for [ICAEW?] Working Group on Internal Control and Financial Reporting and accompanying handwritten fax, 15 December 1994.

Foreword to the ICAEW's guidance on internal control and financial reporting which appeared in Accountancy, February 1995.

268. Letter from Donald Bulcher(?), 28 January 1995, apologising.

Letter apologises and clarifies meaning before finalising content of book being compiled by London Guidlhall University.

269. Corporate governance seminar [organised by Smith New Court?]speech, 6 February 1995.

Handwritten notes, headed Corporate Governance Seminar Solihull, for first four pages, with the remainder seeming to be part of a speech given on 16 Sep 1993.

270. Letter, dated 21 February 1995, from Alan MacDougall, PIRC, and reply from Sir Adrian Cadbury, 9 March 1995, to Anne Simpson, PIRC.

Contains arrangements for AC to speak at PIRC conference and guidance on 'independence ' of directors and its relationship with compliance with the Code.

271. Letter, dated 22 February 1995, and meeting note from SW Treadgold, Financial Reporting Council.

Meeting concerns the need for a successor committee, who will sponsor it, including dealing with remit, membership and financing.

272. Memo and briefing for Chairman for Committee Meeting 7 March 1995, dated 3 March 1995.

Mentions a request for Sir Adrian Cadbury to speak in Liverpool, articles appearing in the FT on 27 February 1995, and meeting with DTI on 7 March.

273. Letter from [Owen Green], dated 28 March 1995.

Letter apologises for a comment about the Cadbury proposals and makes a suggestion for the future.

274. Minutes of meeting held on Tuesday 7 March 1995.

Topics covered include: successor body, independence of directors and the draft report on monitoring.

275. File contains mainly press notices and articles from late 1995.

Also included are some responses to a questionnaire seeking opinions on topics for review.

276. Letter and comments, dated 27 July 1992, from Donald B Butcher, representing the UK Shareholders' Association.

Comments on and suggests approaches on various aspects of AGMs, creating two classes of non-executive directors. Butcher supports rotation of auditors.

277. Letter, dated 6 August 1992, from Geoffrey Mulcahy, Kingfisher.

Comments on the tone of the draft report, non-executive directors, remuneration, audit and code compliance as a listing requirement.

278. Correspondence between Sir Adrian Cadbury and Mark Sheldon, Linklaters & Paines, about the committee meeting and committee composition.

Letters mainly relating to possible additions to the Committee, especially from the business world.

279. Letter, dated 7 August 1991, from Ian Griffiths, Evening Standard

Letter requests Sir Adrian to join a panel of columnists contributing views to the newspaper columns.

280. Handwritten notes, headed Stock Exchange Listing Advisory Cttee, 8 June 1992

Handwritten notes recording the comments on the draft report circulated for public comment from people present at the meeting. Includes list of attendees at the meeting.

281. Draft terms of reference for corporate governance exercise, setting up the committee, first meeting and outline work programme.

This series sets out the draft terms of reference (25 April 1991), sets up the financial arrangements for the Committee, a briefing paper (13 May 1991), outline work programme and framework for the report, meeting dates and membership.