The article considers the role of independent directors in the governance of companies. It puts forth the role of independent directors in the good governance of companies and looks at the issues that question the independence of the independent directors

When are shareholders empowered to remove directors from office? This is an important governance issue and is related to the balance of power between shareholders and directors. In the case of a public company, s 203D(1) of the Australian Corporations Act 2001 (Cth) provides that shareholders...