The Cadbury report argued for a guideline of ______.

Question

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The Cadbury report advocated for a "comply or explain" guideline, which means companies should comply with the corporate governance rules or provide an explanation for non-compliance. This approach emphasizes transparency and accountability while allowing companies some flexibility. The other options, "comply or resign" and "comply or else," are more coercive in nature, while "explain or else" does not provide the initial option to comply with the guidelines.

The Cadbury Report Argued for a Guideline of ______