An Analysis of Tesco’s Corporate Governance System
An Analysis of Tesco’s Corporate Governance System Introduction As defined by Sir Adrian Cadbury, widely acknowledged as the father of the UK Combined Code on corporate governance, it is “…the system by which corporations are directed and controlled…” (Barger, 2004). In 1954 the economists Kenneth J. Arrow and Gerard Debreu in their Arrow-Debreu model (Huang et al, 2004), which is one of the fundamental theorems […]