In today’s briefing:
- For Outside Directors to Fulfill Duties as Independent Directors—rather than Simply Acting as Guests
For Outside Directors to Fulfill Duties as Independent Directors—rather than Simply Acting as Guests
- While improving board practices may create value, we should assume that key actions can directly impact on value creation, improving value creation can, in turn, influence improvements in board practices.
- Even if a Board of Directors Secretariat is established, many companies will simply set up such a department as a formality, out of a sense of obligation to follow suit.
- Outside directors taking the initiative in board meetings is very important. To that end, in companies where outside directors constitute a majority, an outside director should serve as chair.
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