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Sir Ronald Edwards was Assistant Lecturer, then Lecturer, in Business Administration with special reference to Accounting at the London School of Economics (LSE), 1935-1940. During World War Two, he worked in the Ministry of Aircraft Production. In 1946 he returned to LSE as Sir Ernest Cassel Reader in Commerce, becoming a Professor in 1949. He was Deputy Chairman (1957-1961), then Chairman (1962-1968) of the Electricity Council; Chairman (1968-1975), then President (1975-1976) of Beecham Group Ltd; Director, ICI Ltd, 1969-1976; Director, Hill Samuel Group, 1974-1976; and, Chairman of British Leyland Ltd, 1975-1976. He was a member of several other bodies too, including the Advisory Council of the Department of Scientific and Industrial Research, 1949-1954; the University Grants Committee, 1955-1964; the National Economic Development Council, 1964-1968; and, the British Airways Board, 1971-1976. He chaired the Government committee of inquiry into the civil air transport industry, 1967-1969. He was a Governor of LSE, 1968-1976.