Understanding How Issues in Corporate Governance Develop: Cadbury Report to Higgs Review

摘要

Issues in corporate governance develop according to an identifiable process. Using the influence model of Jones and Pollitt (2002, Understanding How Issues in Business Ethics Develop. Basingstoke: Palgrave), we compare the conduct of and influences on the investigations leading to the Higgs Review (2003) and the Cadbury Report (1992). We suggest that, while there are similarities in the investigations, there are important differences arising from the review process adopted, the role of the government, the background of the leaders of the investigations and the influence of academics. These differences have important implications for the effectiveness of the implementation of the conclusions of the Higgs Review.