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Borcelle
Borcelle
HAMPEL COMMITTEES
CORPORATE GOVERNANACE EVOLUTION
Presented by
Rohan Kumar
21bc695
CONTENT
01 02 03
CADBURY COMMITTEE GREENBURY COMMITTEE: HAMPEL COMMITTEE:
: ESTABLISHING THE STRENGTHENING HARMONIZING AND
FOUNDATION CORPORATE GOVERNANCE CLARIFYING STANDARDS
FORMATION &
OBJECTIVES
01 02 03
Establishment Focus on Role of Non-
Transperancy Executives
The Cadbury
The committee's
Committee, formed in The Cadbury Report
primary objective was to
1991, aimed to address emphasized the
enhance transparency
the growing concerns importance of non-
and accountability in
about corporate executive directors in
the management of UK
governance and restore balancing power and
companies, setting the
public confidence in the ensuring effective
stage for future
wake of corporate oversight.
governance reforms.
scandals.
01
KEY
RECOMMENDATIONS
The Cadbury Report recommended a
BOARD
01 balanced board structure, with a clear
separation of the roles of chairman and
CEO, to prevent concentration of power.
STRUCTURE
01
DISCLOSURE
FOCUS ON PERFORMANCE-
REQUIREMENTS
ACCOUNTABILITY RELATED PAY
01
SHAREHOLDER
ENGAGEMENT
The Greenbury Committee highlighted the STRENGTHENING
01 importance of strengthening shareholder
engagement and empowering shareholders
to hold boards accountable.
SHAREHOLDER
RIGHTS
01
STAKEHOLDER
INTEGRATION OF CLARITY AND
ALIGNMENT
RECOMMENDATIONS CONSISTENCY
01
STRATEGIC REPORTING
AND COMMUNICATION
The Hampel Report highlighted the need
STRATEGIC
01 for aligning corporate reporting with the
strategic objectives and long-term
sustainability of the business. ALIGNMENT
The Hampel
It underscored the The report highlighted
Committee's legacy lies
imperative of ethical the importance of
in promoting
leadership, emphasizing continual improvement,
adaptability and
the role of boards in fostering a culture of
resilience, recognizing
setting the tone for learning, innovation,
the need for governance
ethical conduct and and governance
frameworks to evolve in
responsible business excellence.
response to dynamic
practices.
business environments.
01
THANK YOU!