For reporting periods beginning before 29 June 2010, the key source of corporate governance recommendations for UK listed companies. The Combined Code consolidated the work of the Hampel report (www.practicallaw.com/A36234), the Cadbury report, (www.practicallaw.com/A34595), the Greenbury report, (www.practicallaw.com/A36220), the Higgs review (www.practicallaw.com/A36243) and Smith report (www.practicallaw.com/A36966). It consisted of principles of good governance, most of which had their own set of more detailed provisions which, in most cases, amplify the principles. The principles dealt with the following areas:
Directors.
Directors’ remuneration.
Accountability and audit.
Relations with shareholders.
Institutional investors.
For further details, see Practice note, The Combined Code: overview (www.practicallaw.com/7-107-4261).
For details of the UK Corporate Governance Code (www.practicallaw.com/2-502-1888)applicable for reporting periods beginning on or after 29 June 2010, see Practice note, UK Corporate Governance Code: overview (www.practicallaw.com/9-502-0734) and Practice note, Annotated UK Corporate Governance Code: Index (www.practicallaw.com/6-508-2403).