Item List : "Two-tier and unitary boards"

1. Handwritten notes entitled: Issues raised at PW [Price Waterhouse] debate, undated

Covers two-tier boards, audit committees, independence of non-executive directors.

2. Letter, dated 12 July 1992, from JP Charkham, Bank of England

Letter discusses the Merrett-Sykes paper about two classes of directors.

3. Correspondence from Ron Dearing, Financial Reporting Council, including responses to the draft report from ICAEW, Rowena Mills Associates, Delta plc and Sears plc between 1 May 1992 and 23 July 1992.

Includes comments on differentiation between executive and non-executive board members, role of auditors and non-audit fees. Memo from Nigel Peace included.

4. Address to the Annual Conference of the Institute of Chartered Accountants in England and Wales, Eastsbourne 25-27 June 1992, The role of Directors by Graham Corbett.

This is a workshop exercise on the role of the directors in Eurotunnel delivered at the ICAEW conference . It is used to comment on unitary boards, separation of roles of Chairman and Chief Executive, non-executive directors and institutional investors.

5. Letter, dated 1 July 1992, from AR Threadgold, POSTEL.

Comments on separation of roles of Chairman and Chief Executive, independent non-executive directors and directors service contracts and the independence of auditors.

6. Letter, 9 July 1992, from Stanley Kalms, Dixons.

Warns against a prescriptive approach, that effectively promotes two-tier boards.

7. Letter, 13 July 1992, from Sir George Russell, Marley plc.

Comments on differentiation between executive and non-executive directors, access to independent advice, and communication with shareholders.

8. Letter, 15 July 1992, from Sir Colin Corness, Redland plc.

Comments on position of auditors, potential to create two-tier boards, number of non-executive appointments and on the Code of Best Practice. Includes original and photocopy.

9. Letter, 16 July 1992, from Gary Allen, IMI plc.

Comments on responsibilities of directors and potential for two-tier boards, non-executive directors, access to independent advice and the role of the auditors.

10. Letter, 20 July 1992, from Andrew Robb, Pilkingon plc.

Comments on potential two-tier boards, non-executive directors, auditing.

11. Letter, dated 29 July 1992, from David Jinks, Cadbury Schweppes.

Comments on potential for two-tier boards, enforcement, involvement of investors, various aspects of auditing, going concern and disclosure of directors' remuneration.

12. Letter, dated 31 July 1992, from Maureen Howe, Legal and General, and response to the draft code.

Welcomes the code and comments with concerns about possible two-tier board and time-limited contracts for non-executives.

13. Letter, dated 31 July 1992, from Sir Richard Greenbury.

Letter comments on board structure, especially unitary boards, the duties of directors to shareholders and the responsibilities of the external auditors.

14. Letter, dated 10 August 1992, and comments from IL Rushton, ABI.

Comments on issues of compliance and its enforcement. It also includes detailed comments by paragraph on non-executive directors, various aspects of boards, committees, financial reporting, auditing and shareholders.

15. Letter from Nigel Peace, DTI, 12 September 1994 about aspects of company law.

Nigel gives the context to answer the query about two-tier boards which would be theoretically possible with directors having specified responsibilities.