The board of directors of a company has been described as: "...the focal point of the corporate governance system and it is ultimately accountable and responsible for the performance of a company". It is common practice and, in certain instances, a statutory requirement that a board of ...
independent directorscompany lawCorporate laws around the world, when they were first enacted, were very similar, 1 largely because of the inherent nature of commerce and capitalism that originated in Western Europe and later spread to North America. The transplantation of corporate law from the ...
of independent directors on one-tier boards in Europe while the German two-tier structure is incorporating a key advantage of the one-tier model by ... KJ Hopt,PC Leyens - 《European Company & Financial Law Review》 被引量: 205发表: 2004年 The Basic Governance Structure: The Interests of...
Initially, the roles of directors have been used in a variety of common law and legislation. The Company Act codifies the fiduciary responsibilities of directors in common law, but the Companies Act did not affect many of the other formal duties of directors. Irish law acknowledges non-executive...
closely with their companies’ boards of directors and audit committees, providing those groups with a clear understanding of how sustainability impacts organizations’ overall strategy and disclosure requirements. “This ensures buy-in from the top and fosters a culture of accountability,” Sparks adds...
The board of directors of listed companies in the law is the highest authority, should play an important role in the oversight of operators, but in practice is not the case.据一项研究表明: 在我国上市公司董事会成员中,100% 为内部董事的公司占有效样本的22.1% , 50% 以上为内部董事的公司占有效...
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Role of the Board. The members of the Committee and the Trustee shall be appointed or approved by, and will serve at the pleasure of, the Board of Directors of the Holding Company. The Board of Directors of the Holding Company may in its discretion from time to time remove members from,...
During the past year, boards of directors have realized the importance of focusing on sustainability issues. Large institutional investors have written letters to CEOs and boards asking them to disclose what they are doing to oversee issues related to ESG, in particular around climate change an...
I’m a in-house counsel from legal affairs department. We provide legal advice and other services relating to the business of the company. Technically, the company is our client but of course in practice, we provide our services to the board of directors, the management, and the business un...