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Corporate boards of directors mediate the agency costs between the corporation's managers and shareholders. For boards … independent director. Indeed, it is important that boards have independent directors to deal with clear conflicts between managers …, the board's general business skills and experience are insufficient to discern whether the managers' course of action is …
Persistent link: https://www.econbiz.de/10012898495
This article provides an overview of the risk oversight knowledge and skills required to equip directors to better …
Persistent link: https://www.econbiz.de/10012929178
Persistent link: https://www.econbiz.de/10011436402
In Part I, this Article describes some of the different approaches to the lack of representation of women and minorities on corporate boards. Part II explores two aspects of proxy statement regulation -- shareholder proposals related to corporate diversity and the recent amendments to the proxy...
Persistent link: https://www.econbiz.de/10013114166
In recent years, Japan has been working on corporate governance reforms, focusing on the roles of outside/independent directors. Among others, the 2014 Reform of the Companies Act and the 2015 Japanese Corporate Governance Code introduced “comply or explain” rules regarding appointment of...
Persistent link: https://www.econbiz.de/10012908972
Concept of corporate board was incepted in Indian soil by the Englishmen. Present days Indian corporate board has found much of it's antecedents from of Anglo-Indian company act. The initial days of company act in India witnessed replicating effect of English company act. These years witnessed...
Persistent link: https://www.econbiz.de/10013017138
When a client proudly announces that he has been named director of a prominent local corporation or financial institution, a red warning light ought to go on. Heartily congratulate the client on this distinction, then ask, "Are you aware of the responsibilities and liabilities of a director?" If...
Persistent link: https://www.econbiz.de/10013047166
This paper is the third chapter of the third edition of The Anatomy of Corporate Law: A Comparative and Functional Approach, by Reinier Kraakman, John Armour, Paul Davies, Luca Enriques, Henry Hansmann, Gerard Hertig, Klaus Hopt, Hideki Kanda Mariana Pargendler, Georg Ringe, and Edward Rock...
Persistent link: https://www.econbiz.de/10011674062
Directors wield increasing influence in corporate America, making pivotal decisions regarding corporate affairs and management. A robust literature recognizes directors' important role and examines their incentives and performance. In particular, scholars have worried that “busy...
Persistent link: https://www.econbiz.de/10012848171
for monitoring managers in Saudi Arabia through a survey. A questionnaire that was developed and employed by Elyas (2015 …
Persistent link: https://www.econbiz.de/10013405907