In January 1995 the Confederation of British Industry (CBI) established the Study Group on Directors' Remuneration under the chairmanship of Sir Richard Greenbury with a remit to identify good practice in determining directors' remuneration and to prepare a code of practice for UK PLCs. The final report of the group was published on 17 July 1995 and is usually referred to as the Greenbury report.
The report
Directors' remuneration- report of a study group chaired by Sir Richard Greenbury
Final report of the Study Group on Directors' Remuneration as published on 17 July 1995.
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