'Independent' Director a Myth
10 Pages Posted: 18 May 2021
Date Written: May 15, 2021
Abstract
The independence of Independent directors is an important factor to be considered when it comes to the corporate governance and especially when we have a concentrated shareholding pattern. The rights of the minority shareholders, maintaining transparency in the management of the company and policy decisions which are very much central part of running of any company. But in order to fulfil all these duties it is important that the independent director is independent free from any constraints of the Board of Directors or promoters.
Keywords: Independent Director
JEL Classification: G38
Suggested Citation: Suggested Citation
Muhammad, Taha Hajara, 'Independent' Director a Myth (May 15, 2021). Available at SSRN: https://ssrn.com/abstract=3846870 or http://dx.doi.org/10.2139/ssrn.3846870
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