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The Independent Review of Non-Executive Directors

In April 2002 Derek Higgs was appointed to lead an independent review of the role and effectiveness of non-executive directors. Derek Higgs published his report on 20th January 2003. The FRC published good practice suggestions from the report in June 2006; this guidance has since been withdrawn and replaced by the FRC Guidance on Board Effectiveness.

What's on this page?

  • The report and guidance
  • Online articles
  • Useful links
  • Books and articles from the Library

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The report and guidance

Independent Review of Non-Executive Directors
The final report which contained guidance for non-executive directors, guidance for the chairman and proposals for revisions to the combined code.

The Financial Reporting Council published the guidance document 'Good practice suggestions from the Higgs report' in June 2006, based on annexes C to J from the report. The guidance has since been withdrawn and replaced by the FRC Guidance on Board Effectiveness.

Online articles

The library provides access to a range of articles in full text from leading business, finance and management journals. Access to articles is provided to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Useful links

A non-executive decision
The Higgs Report promises the rise and rise of the non-executive director. Tim Russell asks whether they are up to the task - June 2003 post on The Lawyer website.

Higgs report on non-executive directors - a summary 
A March 2003 AccountingWEB article summarising the main matters and recommendations covered by the Higgs report.

ICSA Review of the Higgs Guidance
ICSA consultation from March 2010 for submission to the FRC to "update as necessary the good practice guidance from the 2003 Higgs Report".

The role of the non-executive director: making corporate governance work
A CIMA report published in April 2003 in response to the continuing controversy over the Higgs' report on non-executive directors. Emphasises the role that finance professionals have to play in ensuring good governance.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

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