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Any other business

How Britain still gets boardrooms wrong

More than 20 years after the Cadbury report, the rules are a boon for headhunters but no one else. Plus: the Bourneville legacy, and the Queen’s stewardship of the family firm

12 September 2015

9:00 AM

12 September 2015

9:00 AM

Sir Adrian Cadbury, who has died aged 86, is remembered as the author in 1992 of a first stab at a corporate governance code for public companies — which thereafter were expected to show ‘Cadbuarial correctness’ in the separation of chief executive and chairman and the powers of non-executive directors.

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