Greenbury Report

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A report issued in 1995 by a committee under the chairmanship of Sir Richard Greenbury that developed a number of recommendations of the Cadbury Report on directors' remuneration (see Cadbury Code). It stressed the importance of a remuneration committee of non-executive directors, the provision of information on remuneration policy in the annual report and accounts, and the restriction of notice and contract periods to less than one year. See also Hampel Committee.

Subjects: Financial Institutions and Services — Accounting.

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