The Roles of Independent Directors in Promoting Best Corporate Governance Practices - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Roles of Independent Directors in Promoting Best Corporate Governance Practices write by Society for Corporate Governance Nigeria. This book was released on 2020. The Roles of Independent Directors in Promoting Best Corporate Governance Practices available in PDF, EPUB and Kindle. The importance of having individuals with no financial, personal, or material attachments, as directors of the company stemmed primarily from the proverb, “whomever pays the piper dictates the tune.” As each board director represented various interests, ranging from institutional investors, shareholders with large holdings, venture capitalists, the CEO among others which may supersede the interests of the company and the shareholders.Therefore, the need for a director bearing impartiality and objectivity to the board brought forth the 'independent director' who would, occupy a unique position to dissect through the core issues and find a neutral position where issues arises in the boardroom; being a bridge builder in difficult conversations; bring in a specific expertise to the board and utilize his or her networking abilities and other resources to enhance the company's portfolio. This article therefore seeks to examine who an independent director is, the difference from non-executive directors, the roles of independent directors, frameworks imposing the inclusion of independent directors as well as the evaluation of independence and its application in Nigeria, while juxtaposing it with other countries.
Taxmann's Analysis | A Deep Dive into CII Guidelines on Independent Directors' Appointment and Board Assessment
Taxmann's Analysis | A Deep Dive into CII Guidelines on Independent Directors' Appointment and Board Assessment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Taxmann's Analysis | A Deep Dive into CII Guidelines on Independent Directors' Appointment and Board Assessment write by Taxmann. This book was released on 2024-02-08. Taxmann's Analysis | A Deep Dive into CII Guidelines on Independent Directors' Appointment and Board Assessment available in PDF, EPUB and Kindle. The Confederation of Indian Industry (CII) has issued guidelines on Independent Directors' Appointment and Board Assessment, which is divided into two parts: ‣ Part A: It focuses on appointment and succession planning, emphasizing diversity and clarity in roles ‣ Part B: It guides efficient Board Evaluation processes This article aims to discuss the CII guidelines and their impact in a summarized manner, which includes: ‣ Stress the importance of clear responsibilities, continuous succession planning, diversity in board composition, insurance coverage, and fair compensation for Independent Directors ‣ Recommend formalizing indemnity and insurance agreements, aligning compensation with responsibilities, and disclosing action taken based on evaluations ‣ Aim to enhance board effectiveness, mitigate risks, and promote transparency in corporate governance
The Role of Independent Directors in Corporate Governance
The Role of Independent Directors in Corporate Governance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Role of Independent Directors in Corporate Governance write by Bruce F. Dravis. This book was released on 2015. The Role of Independent Directors in Corporate Governance available in PDF, EPUB and Kindle.
Corporate Governance and Directors' Independence
Corporate Governance and Directors' Independence - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Corporate Governance and Directors' Independence write by Yuan Zhao. This book was released on 2011-06-22. Corporate Governance and Directors' Independence available in PDF, EPUB and Kindle. 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 After Sarbanes-Oxley
The Role of Independent Directors After Sarbanes-Oxley - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Role of Independent Directors After Sarbanes-Oxley write by Bruce F. Dravis. This book was released on 2007. The Role of Independent Directors After Sarbanes-Oxley available in PDF, EPUB and Kindle. 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.
