We find that Chinese listed companies engage independent directors mainly for consulting rather than for supervisory purposes; if a company is bound up in such activities as a lawsuit, dividend distribution, equity transfer or asset acquisition, it would be more likely to hire independent directors ...
Are Independent Directors Really "Independent" In Indian Companies in the Digital Era Research scholar Research guide PRESENTED AND PUBLISHED IN ONE DAY NATIONAL CONFERENCE ON ICT FOR ECONOMIC PROSPERITY, ENTREPRENEURSHIP , GOOD GOVERNANCE AND DEVELOPMENT HELD AT PRAHALADRAI DALMIALIONS COLLEGE OF COMMERCE...
There has been a global trend since the 1990s for governance reformers to push for increased representation of independent directors on corporate boards. In theory, outsiders should monitor the behavior of the inside directors and protect the interests of shareholders, as well as providing professional...
The Hon’ble Supreme Court in the case of Chintalapati Srinivasa Raju Vs Securities and Exchange Board of Indiaheld that unless the independent directors or non-executive directors exercise a significant role in the decision-making process of the company, they cannot be held liable[1] Further, t...
related business and who have won good reputation in business circle and have empowered a global perspectives to join the board of directors.Meanwhile,the subsidies given to the independent directors should be raised to make the independent directors play their positive roles to promote firm's ...
Our study reveals how two separate dimensions of board composition—the proportion of independent directors and of non-independent directors—influence CEO compensation in Western European firms. Controlling for the simultaneous determination of CEO pay structure and board design, we find that firms with...
Wang J, 'The Strange Role of Independent Directors in a Two-tier Board Structure of China's Listed Companies' (2008) 3 Compliance & Regulatory Journal 47Wang, Jiangyu, "The Strange Role of Independent Directors in a Two-tier Board Structure of China's Listed Companies", (2007) 3 ...
Independent directors as the name suggests are directors on Board of a company who are independent individuals, not having any other relationship or transaction with the company. The concept of Independent directors gained momentum in the late 1980s and early 1990s due to the uncovering of various...
Looking for clues as to how a founder has worked with the board in the past can help directors understand how their relationship might unfold. “One should be wary of a board with lots of non-executive director turnover,” says Begg. “It can be the sign of a problem in a ...
awho are independent directors to sit on the board of Malaysian listed companies. This has shown the strict compliance by the statutory body like Bursa Malaysia in ensuring the board independence and monitoring role towards the top management. However, question should be placed on whether the minim...