- Title
- Independence and boards of directors: an international perspective
- Creator
- Barnes, Lisa
- Relation
- Ninth International Business Research Conference. Proceedings of Ninth International Business Research Conference (Melbourne, Vic. 24-26 November, 2008)
- Publisher
- World Business Institute
- Resource Type
- conference paper
- Date
- 2008
- Description
- Corporate Governance is not a new concept. But, the spate of recent large scale corporate collapses has been a catalyst for popularising the prescription of governance regimes by international stock exchanges. This study analyses the listing rules of nine international stock exchanges in order to clarify the definition of independence, and to contribute to an lnternational Governance Regime (IGR) by initiating four governance strategies all supported by the stock exchanges. These initiatives include the use of lndependent Governance of directors on boards, an independent chairperson, separation of the roles of CEO and Chair, and the encouragement of the use of nomination committees to encourage further use of independent directors. These four initiatives are the stepping stone of creating an lnternational Governance Regime, supported by stock exchanges all over the world, creating an efficient and orderly international commercial environment.
- Subject
- corporate governance; international governance regime; independent governance
- Identifier
- http://hdl.handle.net/1959.13/802871
- Identifier
- uon:6231
- Identifier
- ISBN:9780980455703
- Language
- eng
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