You are here

Protecting investors from controlling shareholders

It is time to rethink the way independent non-executive directors are elected so that they can provide thoughtful and robust challenge to management in the boardroom.

The UK has recognised that controlled companies need to be approached in a different way from other companies and has adopted a mechanism where independent directors are separately approved by both a) all shareholders and b) just independent shareholders.

DISCUSSIONS on corporate governance, particularly in the aftermath of a corporate governance scandal, tend to focus on the non-executive directors, and in particular the role and performance of independent non-executive directors (INEDs).

The role of the INED came to the forefront with...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to