Corporate Governance and Directors' Independence

Corporate Governance and Directors' Independence
Author: Yuan Zhao
Publisher: Kluwer Law International B.V.
Total Pages: 242
Release: 2011-01-01
Genre: Business & Economics
ISBN: 9041136045

More and more, the agenda of corporate governance reform has been calling for a dramatic change in the composition and structure of boards of publicly traded companies, with particular criticism reserved for the role of independent directors. This timely, ground-breaking book takes a new and rigorous approach to this important issue. Investigating board independence from a distinctly original perspective, the author's systematic analysis explores the effective interaction of such aspects as the following: What specific functions are expected of independent directors? How these functions fit with the unitary board structure? Why independent directors are seen as inherently necessary for corporate governance? Whether board independence can be compatible with other governance mechanisms? How mainstream company law is applied to independent directors. The analysis leads to a series of solutions designed to eliminate the real and perceived obstacles to the proper functioning of independent directors. In the process, the author discusses such critical 'moments' in corporate governance as monitoring, public relations, social responsibility, shareholder activism, the danger of 'groupthink', remuneration, collective liability, and codes of conduct. The discussion and analysis chart a course through which independent directors can better serve the goal of improving the system of corporate governance. As such, it will be greatly appreciated by investors, corporate counsel for institutional investors, and policymakers and academics in relevant areas of both business and law.

The Role of Independent Directors in Corporate Governance

The Role of Independent Directors in Corporate Governance
Author: Bruce F. Dravis
Publisher:
Total Pages: 258
Release: 2016-12-01
Genre: Business & Economics
ISBN: 9781634251419

Updated and expanded, this second edition provides directors--and attorneys advising directors--with information on the policies and underlying issues that shape director fiduciary duties and the other corporate governance requirements. It describes the legal and economic context in which these governance requirements arise, and also outlines the implementation details that can affect specific governance related decisions. It also includes sample summary materials in the form of PowerPoint presentations to use as starting points to prepare training or explanatory sessions before a board or management.

The Role of Independent Directors in Corporate Governance

The Role of Independent Directors in Corporate Governance
Author: Bruce F. Dravis
Publisher:
Total Pages: 0
Release: 2010
Genre: Corporate governance
ISBN: 9781616320539

Updated and expanded, The Role of Independent Directors provides a concise plain English overview for corporate directors of their duties and their place in the corporate governance process.

A Handbook on Independent Directors

A Handbook on Independent Directors
Author: Institute of Directors
Publisher: Institute of Directors IOD India
Total Pages: 239
Release:
Genre: Business & Economics
ISBN: 8195187242

The Handbook on Independent Directors covers the roles, duties, responsibilities and authority of corporate directors. This handbook on Independent Directors is the perfect guide and must have for ID’s who want to have a better understanding of their role in the Board, and perform effectively. It is the perfect tool to help be aware of all aspects of being an Independent Directors.

The Independent Director in Society

The Independent Director in Society
Author: Gerry Brown
Publisher: Springer Nature
Total Pages: 282
Release: 2020-08-28
Genre: Business & Economics
ISBN: 3030513033

Things will always go wrong in organisations. The question is how quickly will they get caught and put right? The problem facing every organisation today – our businesses, universities, health services, or the many other sporting and charitable institutions that shape our society – is that the relationship between their executive management and those whose job it is to oversee them (whether they are called non-executive or independent directors, trustees, or governors) has become unbalanced. The Independent Director in Society shows how to rebalance it. Based on original, in-depth research from Henley Business School, this is the first book to survey and analyse the governance crisis right across society rather than just focus upon the business sector. The authors show that – despite their many differences – all organisations have many issues, behaviours and problems in common. The same problems require, in many cases, the same solutions. Sometimes they don’t. The authors offer two answers. The first lies in the realm of policy. Not a need for more legislation, but a move to give the existing codes of practice back their teeth and make them fit for purpose. The second lies with independent directors themselves. Urgent improvement is needed in standards of thought and action as well as the calibre of these directors. Above all, directors need to develop an independent mindset that will enable them to make better, more accurate decisions. There are many elements to creating this culture, including selection, training and education for directors, and support from chairs and executive teams, but most of all directors themselves must recognise their responsibilities in a complex and volatile world.

The Role of Independent Directors After Sarbanes-Oxley

The Role of Independent Directors After Sarbanes-Oxley
Author: Bruce F. Dravis
Publisher: American Bar Association
Total Pages: 206
Release: 2007
Genre: Business & Economics
ISBN: 9781590316610

This book is intended to provide independent directors and their advisors with an understanding of the primary legal and governance issues that have evolved in the corporate governance environment since the passage of the Sarbanes-Oxley Act in 2002. The text on the accompanying CD-ROM sourcebook offers hypertext linked footnotes to direct lawyers (or interested non-lawyers) to legal source material.

Developing China's Capital Market

Developing China's Capital Market
Author: D. Cumming
Publisher: Springer
Total Pages: 259
Release: 2015-12-17
Genre: Business & Economics
ISBN: 1137341572

China is an increasingly influential emerging economy that is currently attracting the attention of academics, practitioners, and policy makers. This book is a collection of cutting edge research findings on issues relating to the experiences and challenges of China's capital market development.

Independent Directors in Asia

Independent Directors in Asia
Author: Dan W. Puchniak
Publisher: Cambridge University Press
Total Pages: 637
Release: 2017-11-02
Genre: Business & Economics
ISBN: 1107179599

The first in-depth analysis of the independent director in Asia: who they are, what they do and how they are regulated.