The Turnbull report recommended which prior report?

The Turnbull report, published in 1999, was a key document focusing on internal control within organizations, particularly for listed companies. It is recognized for building upon the recommendations laid out in the Hampel report. The Hampel report was significant as it aimed to enhance corporate governance standards and practices, particularly in response to earlier findings from the Cadbury report, which focused on the financial aspects of governance.

The Turnbull report essentially expanded the dialogue surrounding corporate governance to include a deeper understanding of internal controls, emphasizing their importance in a company’s regulatory framework. This use of preceding reports like the Hampel, which had addressed key issues in governance practice, allowed the Turnbull report to contextualize and evolve the conversation toward a more comprehensive perspective on organizational management.

In contrast, the Cadbury report and other reports, while influential in their own right, do not directly relate to the recommendations that the Turnbull report seeks to address; they focus on different aspects of corporate governance.